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…
REGULATORY
Ruling Parties OK FY2023 Tax Reform Outline; No More Special COVID Measure for R&D Credits
Japan’s ruling parties hammered out the FY2023 tax reform outline on December 16. It enshrines a three-year extension of a “10% add-on” for the deduction ceiling of the R&D tax credit system, though a special measure for COVID-19 will expire…
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