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"simplistic short-term profit considerations" --> "direct profit considerations" FTFY. For example, Petroleum engineering is anything but short-term. What matt
by malandrew 13y ago
"simplistic short-term profit considerations" --> "direct profit considerations"
FTFY. For example, Petroleum engineering is anything but short-term. What matters is that there is a very direct attribution of profit to work done. The attribution to profit for work done in all the poorly paid professions is very very indirect.
- vannevar 13y agoI'd agree with this. Good point.
- malandrew 13y agoCheck out the prediction technique known as scenario planning most recently championed by Pierre Wack and Peter Schwartz at Royal Dutch Shell. There is a great case study of its use by Royal Dutch Shell when planning on whether or not it was a good investment to build an oil platform in the north sea. The conclusions in that particular case study included a pretty solid argument predicting the fall of the soviet union and its causes well before anyone else was predicting such a think.