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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The National Academy of Public Administration announced that 51 leaders in the field of public administration have been selected for the 2019 Class of Academy Fellows, with Indian Americans Ramayya Krishnan and Sonal Shah among the cohort.
People searching online restaurant reviews give less value to those written on mobile devices than on other platforms, according to new research in the journal Marketing Science.
In 2011, something unprecedented happened. Student debt levels crossed the $1 trillion mark. To put that in perspective, the average college graduate who took out loans to finance their education from 2007 to 2011 left school with a diploma, a hug from their parents, and $26,500 in student loan debt.
A new study has been released showing that an increase in product variety can cause consumers to automatically discount an influencers positive recommendation of a certain product, despite its recommended quality.
Dean of the Heinz College of Information Systems and Public Policy Ramayya Krishnan talks about artificial intelligence and operational research.
All around us, the AI race is moving fast – cars and games, the sharing economy platforms, disaster recovery, Alexa and Siri, fake news and social media, fraud detection; the list goes on and on. Krishnan will discuss how AI is already impacting our lives and expanding every day. Yet there is little awareness that the field of operations research and analytics contributes in foundational ways to the success of AI and its application.
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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