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…
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PhRMA Chief Presses Japan to Cut LLP Spending, Shift Funds towards Innovation
With Japan’s drug spending going too heavily towards off-patent branded medicines, it is time for the country to cut those costs and redirect the resources saved to better reward innovation, urges Vas Narasimhan, chair of the Pharmaceutical Research and Manufacturers…
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