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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People tend to overestimate or underestimate risk. The pandemic brings this into stark relief. Picture someone wearing an N95 mask while walking their dog through a deserted park. Contrast that with someone entering a crowded bar maskless in an area with high coronavirus transmission rates.
Faced right now with growing evidence that our vaccines are losing their edge to fight off the highly contagious delta variant, the anxious inoculated are asking: Why wait?
Each year nearly 5,000 patients die while waiting for kidney transplants, and yet an estimated 3,500 procured kidneys are discarded.
ORLANDO, Fla. — Long before hospitals were using liquid oxygen to help save the lives of COVID-19 patients, Orlando Utilities Commission has relied on the substance to help purify and clean its water.
ADAM SHAPIRO: Emily, we're going to turn our attention back to kids going back to school, but also COVID-19 and protecting kids, teachers, school staff. Let's bring into the stream two important folk. We've got Pinar Keskinocak, the William W. George Chair and Professor in the School of Industrial and Systems Engineering at Georgia Tech, and our own Reggie Wade, who is a former teacher and now a journalist with us at Yahoo Finance.
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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