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…
Stephen BarkerDirector, AnalystEquity Research DepartmentUBS Warburg (Japan) LimitedPharmaceutical stocks are performing miserably, both in Japan and around the world. Weak pipelines, falling R&D productivity, generic competition, pricing and regulation issues are battering investor confidence, with no respite in sight. The…
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