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
CSL Ramping Up Investment for New Product Development, 11% R&D-to-Sales Ratio “Appropriate”: CEO
Global plasma behemoth CSL Limited has allocated a growing proportion of its spending to new drug development to keep delivering innovation despite its R&D-to-sales ratio being lower than those of big pharma peers, visiting CEO Paul Perreault said at a…
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