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.
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Syngenta, which used analytics and operations research to improve food supplies to an increasingly crowded planet, has won the 2015 Franz Edelman Award for Achievement in Operations Research and the Management Sciences. The award is sponsored by the Institute for Operations Research and the Management Sciences (INFORMS®), the leading association for analytics professionals.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association in advanced analytics, will host six finalist organizations competing for the 2015 INFORMS Franz Edelman Award. The competition takes place on Monday, April 13 during the 2015 INFORMS Conference on Business Analytics & Operations Research, which will be held at the Hyatt Regency Huntington Beach Resort and Spa. The prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes.
Syngenta is one of the six finalist organizations, with a submission titled, “Good Growth through Advanced Analytics.”
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association in advanced analytics, will host six finalist organizations competing for the 2015 INFORMS Franz Edelman Award. The competition takes place on Monday, April 13 during the 2015 INFORMS Conference on Business Analytics & Operations Research, which will be held at the Hyatt Regency Huntington Beach Resort and Spa. The prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes.
Ingram Micro is one of the six finalist organizations, with a submission titled, “End-to-End Business Analytics and Optimization in Ingram Micro’s Two-Tier Distribution Business.”
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association in advanced analytics, will host six finalist organizations competing for the 2015 INFORMS Franz Edelman Award. The competition takes place on Monday, April 13 during the 2015 INFORMS Conference on Business Analytics & Operations Research, which will be held at the Hyatt Regency Huntington Beach Resort and Spa. The Prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association in advanced analytics, will host six finalist organizations competing for the 2015 INFORMS Franz Edelman Award. The competition takes place on Monday, April 13 during the 2015 INFORMS Conference on Business Analytics & Operations Research, which will be held at the Hyatt Regency Huntington Beach Resort and Spa. The prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes.
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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