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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New research from the University of Florida highlights how retailers can increase sales by 3% if they show customers products from previous browsing sessions.
Mark Zuckerberg fired his largest salvo in his war with rival Elon Musk on Wednesday with the launch of his Twitter fighter, Threads. The app quickly garnered millions of users as well as Musk’s wrath. The billionaire Twitter owner threatened legal action against Meta (META) for allegedly hiring former Twitter employees to work on the app.
During her visit to Beijing, US Treasury Secretary Janet Yellen is expected to stress the need for both countries to “responsibly manage” their relationship, “communicate directly about areas of concern and work together to address global challenges”. Although her visit is well-intentioned, it will not be a panacea for the current conflicts between the United States and China. Instead, the visit represents a positive initial step, providing the two countries with an opportunity to reassess and develop more effective strategies for peaceful engagement.
Many travelers have occasionally resolved to become light packers, all the better to attain the unencumbered lifestyle of those who sweep through an airport with nothing more than a carry on. But what if travelers could pack close to nothing at all?
Many travellers have occasionally resolved to become light packers, all the better to attain the unencumbered lifestyle of those who sweep through an airport with nothing more than a carry-on. But what if travellers could pack close to nothing at all?
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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