Long Termism News Today

Humanity tends to lack a long-term perspective because there has been little in our evolutionary history that rewards such thinking. But long-term strategies can help avert existential threats we create ourselves, such as climate change, lab-engineered viruses and rogue AI.

But it�*s interesting how we reward risk—taking in the private sector. we allow the venture capitalists to brag about it, but as soon as a civil servant makes a mistake, front page of the newspaper. so the question you�*re asking is not onejust about long—termism in the public sector, but also, what is the human—resource strategy that we actually need within the civil service that allows both long—termism, but also the welcoming of that kind of experimentation and trial and error and...

But its interesting how we reward risk—taking in the private sector. we allow the venture capitalists to brag about it, but as soon as a civil servant makes a mistake, front page of the newspaper. so the question youre asking is not onejust about long—termism in the public sector, but also, what is the human—resource strategy that we actually need within the civil service that allows both long—termism, but also the welcoming of that kind of experimentation and trial and error and error a...

Say, the electoral one. so the people who come in to lead it, they come in for 4—5 years. its not necessarily with the electoral cycle, timed to those four years, and they literally are there to take kind of big bets, take risks, but on big public problems. the way that theyve actually organised their own institution is by welcoming risk—taking and experimentation, which you talked about, because civil servants make mistakes. but its interesting how we reward risk—taking in the private sec...

So the people who come in to lead it, they come in for 4—5 years — its not necessarily with the electoral cycle, timed to those four years — and they literally are there to take kind of big bets, take risks, but on big public problems. the way that theyve actually organised their own institution is by welcoming risk—taking and experimentation, which you talked about, because civil servants make mistakes. but its interesting how we reward risk—taking in the private sector. we allow the ...

Relative to. >> dow chemical can go to every conference and talk about the importance of long termism and is sit next to larry feng from black rock and is supposedly funding little investors. >> supposedly the mom and pop investor group is not mom and pops. basically they are trying to stop the black rock and van guards from being able to vote to a large degree on these issues and saying we want to empower the little guy. we want each investor to be voting not the -- not black rock voting on the...