I hovered on that word while writing it; almost put “can’t afford to think long term,” but that is even more ambiguous…
Anyway, thank you, I agree with your distinction.
My feeling is those incentives are so strong that anyone behaving too long term will usually get their lunch eaten by someone who is just out to make a quick profit.
they can. it’s just that, structurally, incentives are far more strongly geared to not do that in almost all cases.
I hovered on that word while writing it; almost put “can’t afford to think long term,” but that is even more ambiguous…
Anyway, thank you, I agree with your distinction.
My feeling is those incentives are so strong that anyone behaving too long term will usually get their lunch eaten by someone who is just out to make a quick profit.