BALTIMORE, MD, April 1, 2025 – Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations – showing biases like overconfidence of hot-hand (gambler’s) fallacy – yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).
You are swimming in an ocean of data and don’t even realize it. All around you are invisible amounts of data that would be staggering to try to comprehend. Thousands of smartphones and smart devices are talking to, sending and downloading vast amounts of data, video, audio, words, numbers, images, you name it. Everything from the latest movie on Netflix to someone’s radiology results from a cancer screening.
Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.
An audio journey of how data and analytics save lives, save money and solve problems.
Ashley Smith
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INFORMS
Catonsville, MD
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CATONSVILLE, MD, August 3, 2015 – The Certified Analytics Professional (CAP®) program, the premier global professional certification program for analytics professionals, today unveiled it’s new brand identity package, including a new website and URL, explainer video and other material.
According to a recent KPMG survey of C-level executives, 92% are using data and analytics to gain greater insights into marketing.72% report their enterprises are regular to heavy users of social media data to improve customer relationships. 81% of enterprises are relying analytics to improve their understanding of customers.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading international association for professionals in analytics and operations research, today announced the finalists in its student math competition that sets contestants to finding solutions to major societal and humanitarian problems.
NASHVILLE, TN, July 16, 2015 – The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association in analytics and operations research, is hosting its third Healthcare Conference with a far reaching series of presentations about the growing importance of analytics in healthcare. INFORMS Healthcare 2015 takes place July 29-31 at the Omni Nashville Hotel. It will feature 450 talks that span academia and business, helping decision makers better understand the value of analytics as a competitive driver in healthcare.
CATONSVILLE, MD, July 14, 2015 – A new study published in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS), finds that peer influence among physicians can affect both trial and repeat prescription behavior of a risky new prescription drug.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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