Diffusion of AI Jobs Across Sectors
AI job postings in the U.S. surged 68% since ChatGPT’s launch, despite a 17% decline in overall job postings. UMD-LinkUp AI Maps, led by Smith’s Anil K. Gupta, reveals AI’s rise as firms prioritize AI roles over traditional IT jobs.
Improved LISA Analysis for Zero-Heavy Crack Cocaine Seizure Data
Local Indicators of Spatial Association (LISA) analysis is a useful tool for analyzing and extracting meaningful insights from geographic data. It provides informative statistical analysis that highlights areas of high and low activity. However, LISA analysis methods may not be appropriate for zero-heavy data, as without the correct mathematical context the meaning of the patterns identified by the analysis may be distorted. We demonstrate these issues through statistical analysis and provide the appropriate context for interpreting LISA results for zero-heavy data.
Large language models and synthetic health data: progress and prospects
There is growing interest in the application of machine learning models and advanced analytics to various healthcare processes and operations, including the generation of new clinical discoveries, development of high-quality predictions, and optimization of administrative processes. Machine learning models for prediction and classification rely on extensive and robust datasets, particularly for deep learning models common in health, creating an urgent need for large health datasets.
Bayesian Ensembles of Exponentially Smoothed Life-Cycle Forecasts
We study the problem of forecasting an entire demand distribution for a new product before and after its launch. Firms need accurate distributional forecasts of demand to make operational decisions about capacity, inventory and marketing expenditures. We introduce a unified, robust, and interpretable approach to producing these pre- and post-launch distributional forecasts. Our approach is inspired by Bayesian model averaging. Each candidate model in our ensemble is a life-cycle model fitted to the completed life cycle of a comparable product.
Marketplace Expansion Through Marquee Seller Adoption: Externalities and Reputation Implications
In the race to establish themselves, many early-stage online marketplaces choose to accelerate their growth by adding marquee (established brand name) sellers. We study the implications of marquee seller entry on smaller, unbranded sellers in a marketplace when both unbranded sellers and marquee sellers can vary vertically across reputation (referred to as sellers’ quality). While recent literature has shown that higher-quality unbranded sellers fare better than their lower-quality peers, we posit that this may not hold for entrants of any quality.
Solving the Urban Air Mobility Problem
Smith professors Raghu Raghavan and Bruce Golden's research on Urban Air Mobility (UAM) explores routing and scheduling challenges for electric flying taxis. Their study addresses passenger demand, battery management, and real-world logistics, aiming to maximize transport efficiency in future smart cities.
Smith Experts Explain Google Antitrust Implications
Google faces major antitrust cases for monopolizing digital advertising and search. Research Professor Kislaya Prasad suggests that ending exclusive agreements could increase competition, while Associate Professor Bobby Zhou emphasizes breaking up business units like Google’s search could benefit competitors, advertisers, and consumers.