Given that interest rates in developed countries are generally lower than in all of history, and mind-boggling amounts of surplus capital are being deployed by companies like Amazon, Softbank, Tesla, etc., it seems to me that the world is
less "plagued by short termism" than any time in the last 13 billion years.
I'm not debating your assessment in an absolute sense, or the direction that resources are deployed, I'm just saying relatively speaking, the world has been approaching an asymptote, so how far does it have to go to be enough? At what point does some disaster that we weren't expecting happen that proves we went too far in being future oriented? Like, I dunno, an actual plague?
Edit:
I meant this to express something more than just another "well actually" comment - I think COVID-19 really raises existential questions about whether people in the wealthy countries have gone too far in a future orientation, as if everything was certain and we and our civilization were all immortal. It may not make a bit of difference for some, but I observe it's changing a lot of people's outlooks. Something that has stuck in my mind is how plastic bags were banned in my area just before the pandemic hit, and whether or not there was an actual repeal, everyone has brought them back. Is this something to lament, to cheer, or just to observe and contemplate? If everything is bad, is anything?