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
Sumitomo Sets Out for Reconstruction, Further Cost Cuts in FY2024
In the face of widening losses at Sumitomo Pharma, its parent company Sumitomo Chemical has vowed to rebuild the drug maker by creating a “leaner” domestic structure in FY2024. So far, however, Sumitomo Pharma President Hiroshi Nomura is mum about…
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