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
Increases in Social Security Spending to Be Covered by Cuts in Other Spending: FY2012 Budget
Minister of Finance Yoshihiko Noda notified all other ministers regarding provisional guidelines for draft budget requests for FY2012 on August 23. To ensure sufficient money to cover a natural increase in social security spending of ¥1.16 trillion, each ministry is…
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REGULATORY
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