Let’s be real: even with the best intentions, AI systems can reflect our own unconscious biases. As Daniel Kahneman and Amos Tversky famously demonstrated in their groundbreaking work on Prospect Theory, humans are prone to cognitive biases that influence our…
BUSINESS
Nichi-Iko Slides into Excess Debt as Hefty Loss Booked by US Unit
Beleaguered generic maker Nichi-Iko Pharmaceutical said on November 8 that it is expected to fall into excess liabilities in the April-September financial period due to a massive impairment loss to be incurred by US subsidiary Sagent Pharmaceuticals. Sagent suffered an…
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