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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Can artificial intelligence and other types of data analytics pick a Final Four in this year’s NCAA basketball tournament? Given all the computing power available these days and the wealth of data available, picking winners should be a no brainer. Add in the power of artificial intelligence and the results should be a foregone conclusion.
Two landmark events happened on Capitol Hill in August 2022: The Inflation Reduction Act (IRA) was passed, and the CHIPS and Science Act signed. Both acts hold promise to increase supply chain resilience and reduce dependence on China. Both seek to use federal incentives like tax credits and subsidies to strengthen domestic production in the semiconductor and clean-energy sectors.
The growth of artificial intelligence and its wholehearted embrace by business higher education has surprised even those who have long studied it. Count among them Professor Tinglong Dai, who teaches a first-of-its-kind MBA course at the Johns Hopkins Carey Business School called Data Science: Artificial Intelligence.
In December 2019, Connecticut announced the largest purchase of renewable energy in state history. Providing 804 megawatts of offshore wind power, Avangrid’s Park City Wind Project promised the equivalent of 14% of the state’s electricity supply, $890 million in direct economic development, improved grid reliability during the winter and the opportunity to slash over 25 million tons of carbon dioxide emissions.
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