@zdfheute Wenn große deutsche Firmen von Lieferungen einzelner Staaten abhängig sind, hat dies Gründe: Schlechtes Management und die Orientierung an kurz- und mittelfristigen Gewinnsteigerungen zulasten längerfristiger Ziele. #Volkswagen #shorttermism
Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.
#YonhapInfomax #ShortTermism #MarkJRoe #ShareholderActivism #Externalities #KoreaUniversitySeminar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70672
Harvard Scholar Says Short-Termism in Stock Markets Not a Major Concern

Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.

Yonhap Infomax
I've just signed this petition in response to the UK government's cynical decision to cut the international development budget to fund an increase in military spending. https://act.globaljustice.org.uk/dont-cut-aid-tax-wealth #Ukraine #wealthtaxes #UKLabour #shorttermism
Prime Minister: Don’t Cut Aid, Tax Wealth

The prime minister has announced a brutal 40% cut to the UK aid budget, in the wake of Donald Trump’s calls for increased military spending. It's a wrong-headed move that represents a retreat from Britain paying its fair share towards the fight against global poverty. Keir Starmer has said the cuts are necessary. But they’re a political choice, not an economic necessity. Even

Global Justice Now
Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.
#YonhapInfomax #JackWelch #GeneralElectric #Boeing #ShortTermism #CorporateInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50540
[Hee Kwon Kyung's Future Korea]Jack Welch and Boeing

Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.

Yonhap Infomax

@Lazarou I share your frustration.

It's right to go for growth — we need the cash. And they will achieve growth — but mostly for foreign companies and millionaires/billionaires.

Just as for #NHS waiting lists, their fix for the #economy is #shortTermism. Long term we'll be deeper in debt and worse off.

True growth involves supporting #UKbusiness. Things like #Corbyn's business banks.

And supporting UK business means supporting ordinary UK people: no poverty, good housing, health, education

It seems increasingly likely that the reason we haven't solved Fermi's Paradox is because any sufficiently technologically advanced civilization inevitably discovers large language models and ultimately destroys its advancement with them by polluting its knowledge base with generative noninformation.

#StochasticParrots #StochasticParasites #LLM #AI #technology #stupidity #shorttermism #longtermism #TESCREAL

Just started watching #Kaos - a show on #Netflix cancelled before my stats would add to the chance of it being renewed.

What good TV is being cancelled before it finds its audience? How is this correlated to the relentless drive for positive shareholder metrics? #shorttermism

Oxford shuts down institute run by Elon Musk-backed philosopher

Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher says was ‘death by bureaucracy’

The Guardian

Good news for humans!

"Oxford shuts down institute run by Elon Musk-backed philosopher. Nick Bostrom’s Future of Humanity Institute closed this week"

#Shorttermism #TESCREAL #longtermism #EA

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes?CMP=oth_b-aplnews_d-1

Oxford shuts down institute run by Elon Musk-backed philosopher

Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher says was ‘death by bureaucracy’

The Guardian

“Corporations that take investors make an impossible promise to increase profits forever. Accordingly, they hire MBAs whose role is to juggle numbers to create ongoing, short-term profit. This juggling is frequently labelled ‘leadership’.”

https://zeldman.com/2024/04/01/our-lady-of-perpetual-profit/

#Business #Capitalism #ShortTermism

Our Lady of Perpetual Profit

A business world with deeply misguided priorities—exemplified by horror stories from the worlds of tech, gaming, and entertainment—accounts for much worker unhappiness and customer frustration.

Zeldman on Web and Interaction Design