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.
An audio journey of how data and analytics save lives, save money and solve problems.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
Explore our resources for multiple topics including:
CATONSVILLE, MD, October 15, 2014 – Coordinating product placement with advertising in the same television program can reduce audience loss over commercial breaks by 10%, according to a new study in the Articles in Advance section of Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS).
CATONSVILLE, MD, October 14, 2014 – The Institute for Operations Research and the Management Sciences (INFORMS®) today announced that Yale School of Management Professor Edward H. Kaplan, whose pioneering work in public health and homeland security has won him numerous INFORMS awards, was elected INFORMS president in an election that concluded on September 30. Prof. Kaplan becomes INFORMS President Elect on January 1, 2015 and starts his term as President on January 1, 2016.
CATONSVILLE, MD – October 9, 2014— INFORMS 2015 Treasurer and Professor at the University of Illinois, Sheldon H. Jacobson has taken a public stance to challenge the way airports screen for Ebola, recommending much more aggressive measures than are currently being employed worldwide. As a longstanding expert in the field of airport security and the design of aviation security systems, Jacobson explains how his research can be applied to stem the spread of Ebola, which has become a greater threat to the U.S. and other countries over the last few weeks. Jacobson lays out his ideas in a recent opinion piece published in The Washington Post, which include airport quarantines and blood tests to prevent the virus from spreading further in the U.S. and elsewhere.
CATONSVILLE, MD, October 7, 2014 – INFORMS today announced the first details of its 2014 Annual Meeting, including an impressive line-up of top operations research, analytics and Big Data speakers from academia, industry and government; industry case studies to be presented on numerous topics; a local Job Fair for both employers and job seekers; and a number of important networking sessions.
The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association for analytics professionals, today announced 12 new recipients of the annual INFORMS Fellow Award.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today Magazine
Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
Access Analytics Magazine