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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Operations Research is one of the top 10 hottest degrees for veterans and members of the military who are transitioning to a civilian career, according to the G.I. Jobs list, 2017 Hot Degrees for Veterans.
Ali Haghani, INFORMS member and University of Maryland professor, helped the Howard County Public School System in Maryland to analyze its school bus transportation system and recommend ways to improve it.
A study by researchers at the University of Colorado Boulder and Santa Clara University aimed to shed light on whether or not companies would benefit by paying customers to review their products and services. The report, which will appear in the INFORMS journal Marketing Science, found that paying for reviews was simply a bad idea.
A new study in the INFORMS journal Organization Science, regarding women in high-status careers and the long-term effect this success can have on their marriages, was the topic of a new Harvard Business Review article.
Just eight student teams from around the world were selected as finalists to compete in the inaugural Operations Research and Analytics Student Team Competition, held April 4, 2017, at the INFORMS Conference on Business Analytics in Las Vegas, Nevada. The University of Cincinnati Masters of Science in Business Analytics team placed fourth overall and was the top U.S. team.
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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