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Nobody is really behaving in a manner that is tied with long term thinking anymore. Everything is short term. Just look at the equity market - its all pricing
by haijo2 1y ago
Nobody is really behaving in a manner that is tied with long term thinking anymore.
Everything is short term. Just look at the equity market - its all pricing not intrinsic valuation, based on forecasting cash flows out in perpetuity.
Folks need to wake up to this realisation and just accept it as a flaw of the system we operate in. Until the system is revised and redesigned, its not gonna change.
- PolicyPhantom 1y agoTrue — short-termism is deeply baked into the current system, from equity markets to corporate incentives. But that’s exactly why we need governance frameworks: markets alone won’t correct for long-term stability. Well-designed institutions can act as the counterweight — whether in finance or in AI policy.