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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Michael Trick, INFORMS member and the Harry B. and James H. Higgins Professor of Operations Research at Carnegie Mellon University's Tepper School of Business, has been appointed dean of Carnegie Mellon in Qatar, effective September 1, 2017.
If you’re the chief executive of a publicly traded company and want a raise, what should you do?
(a) Keep breathing.
(b) Get yourself on CNBC.
The first answer will probably work, but getting some media attention will work better, especially if your company isn’t too large and its stock has been doing well. Those are the key findings of a new study in the INFORMS journal Organization Science of CEO pay and U.S. media exposure conducted by a pair of American-trained business professors in Asia.
Does weather impact sales? Four data scientists noticed the weather was a “huge focal point for many mobile marketing campaigns.” But, they wondered, what specific weather conditions drove sales. Their research, appearing in INFORMS’ Marketing Science, shows many large marketers, such as Burberry, Ace Hardware, and Taco Bell (among others), unleashed weather-based mobile marketing messages, promoting specific products.
INFORMS member and professor of mathematics at the U.S. Naval Academy Sommer Gentry represented INFORMS and the mathematics community on the FOX show Superhuman, by tackling an O.R. problem that involves counting sub-rectangles in an m-by-n grid and in an m-by-n grid with corners cut out.
Anna Nagurney, PhD, INFORMS member, professor at the University of Massachusetts Amherst and Director of the Virtual Center of Supernetworks, explains the transportation and communications network needs of the U.S., from the internet, road systems, and our cell phones.
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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