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.
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After working from home, some employees are heading back to the office and business owners are getting ready. Experts weigh in on changes employers may have to make.
CATONSVILLE, MD, May 4, 2021 – Paid video streaming services on your television, smart phone or other devices are increasingly replacing traditional video entertainment platforms of cable, satellite and broadcast TV. The growth of these services, known in the industry as over-the-top (OTT) media services, may be accompanied by a rise in pirated content, particularly where access to those services may be restricted, a group of researchers has found.
With more than 700 Google Scholar citations and about four dozen nominations, Tinglong Dai, a professor at Johns Hopkins University’s Carey Business School, resembles the balance of teaching and research prowess that we set out to recognize through this award. Not surprisingly, Dai is an award-winning professor in research, teaching, and service. Between 2016 and 2019, Dai won the Dean’s Award for Faculty Excellence at the Carey School four straight years. He’s won the Management Science Distinguished Service Award the past three years and counting, and he’s been awarded the Johns Hopkins Discovery Award multiple times.
During this podcast, Handfield discussed the impact of the recent Suez Canal disruption and its key takeaways from a supply chain risk management perspective, the concept of more regionalized supply chains, approaches to inventorty management, and the increasing importance of supply chains in the corporate world, among others topics.
While the 100-day review is designed to better understand several aspects of U.S. supply chains, it will hopefully force companies to reassess how they move products through the chain.
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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