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
Japan Approves FY2026 Budget Guidelines, Natural Increase at 400 Billion Yen
Japan’s Cabinet on August 8 approved the budget request guidelines, or “ceiling,” for FY2026, beginning next April. The plan allows an additional 400 billion yen in social security spending over the FY2025 initial budget to cover the so-called “natural increase.”…
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