I speculate that long term working memory (if there's such a thing) may be more interesting to look at. There was a Q&A session in which Jobs said something to

I speculate that long term working memory (if there's such a thing) may be more interesting to look at. There was a Q&A session in which Jobs said something to the effect of "the problem with the naysayers is that they are right." The unspoken addendum in my mind is "-- in the short run". This is akin to hasty optimization. If you have good short term memory but bad long term memory you are going to win at tactics but lose the game.