andeleidun
andeleidun t1_jb0n50j wrote
Reply to comment by alphahydra in New UN brokered High Seas Treaty Places 30% of Ocean into protected areas by 2030 after decades of talks by AstroEngineer314
>They're looking ten, twenty, fifty years down the line, and they're conscious that for that dream to come true, there needs to be a world worth leading in.
It's sad that we've completely abandoned this principle, not only in government but almost entirely as a nation. Everything important happens between next quarter and 5 years from now. We don't even really try to plan beyond that anymore.
On one hand, our government is far too unstable and unpredictable. Heavy division and the two party system has resulted in legislative deadlock and every chance that what one president says won't be followed up by the next one. Other countries can only rely on our agreements for 4 years at a time.
On the other hand, profits for the next 4 quarters is what drives everything else. CEOs get brought in to increase immediate profits at the expense of longevity, and they walk away with multimillion dollar payouts for leaving 10,000 people without a job. R&D still happens, but only that which can have a good shot to turn a profit in the next 5 years.
andeleidun t1_jb1rj8e wrote
Reply to comment by WuTangFinance24 in New UN brokered High Seas Treaty Places 30% of Ocean into protected areas by 2030 after decades of talks by AstroEngineer314
>Tesla wouldn't exist. SpaceX wouldn't exist. We wouldn't be funding nuclear fusion. Venture capital wouldn't be a meaningful thing. OpenAI wouldn't exist. Tesla wouldn't be trying to create FSD. Google, Meta, etc. Wouldn't be investing in AI.
The only thing that across belongs on this list is fusion, and I'll grant you that. There's dreamers out there, but by and large underfunded.
None of the other things tolerate MVP launch time frames of less than 5 years. Yes, they have larger plans conceptually, but nothing they'll actually plan for, stick to, the way the Chinese do. If it can't make a sale within 5 years, it's in the vague possible todo pile.
The Chinese actually plan their future out much further. They make modifications, but the concept behind them is to figure out how to bring circumstances back into alignment with the plan, rather than jumping ship to the next biggest profit opportunity.
And you've obviously no idea how venture capital works. If you have a 100MM fund to invest, you are actively planning for one or a combination of the start ups to be worth more than 100MM in 5 years. If not, it's a failure. If you can't convince a VC that you have a way to a profitable valuation in 5 years, you get no money.