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
Expert Panel Agrees on Need for Generic Industry Shakeup, Company Criteria Floated
The health ministry’s key expert panel on February 15 agreed on the need to consolidate the Japanese generic sector to rectify the inefficiency of its high-mix low-volume manufacturing practices. Now the focus is on “how?” Members raised two opposite opinions,…
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