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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CATONSVILLE, MD, July 13, 2020 – New research has found that there is a strong link between the visual portrayal of a brand in online imagery created by consumers and the larger brand perceptions.
Financial education courses are easy to find online, along with countless podcasts, webinars and videos from people who say they understand your financial stress and how to get out of it. Success stories are also easy to find, as any program would want to amplify those, but the aggregate picture appears bleak. Numerous studies seem to show financial literacy programs just don’t work, where almost every measure of what it means to “work” comes down to changing behavior.
First impressions count, as any job seeker knows. New research now shows that such early appraisals can shape your career for years, long after they stop being valid. Marshall Vance, assistant professor of accounting and information systems in the Pamplin College of Business, co-authored the study, “Do first impressions last? The impact of initial assessments and subsequent performance on promotion decisions,” with Dirk Black, of the University of Nebraska. Their study is forthcoming in the journal Management Science.
Surges of new infections in Florida, California, Texas, Arizona and other Southern states are prompting some governors to threaten shutting down their states again. Images of people crowded into restaurants and sunbathing on beaches not wearing face masks is disquieting to many. Will such behavior bring about a tsunami of hospitalizations and deaths like what New York experienced in April?
On this week's episode, we examine the economic blow of students leaving college towns and the health risks associated with their planned return.
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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