Earlier quoted context omitted.
Say you're a decision-maker at Google (or Any Large Corp). You have a KPI to increase revenue by 5% this year. If you hit this KPI, then you get a bonus. If you get the bonus, then you can afford the thing that your partner has been wanting forever (or that will make your neighbours jealous, or whatever), and you get a happy life. You know that doing X will harm the company in the long term (defined as anything past…
How do we fix this loop in companies? It is a very serious problem for humanity’s future. It exists in government too. How do we reward long-term thinking and decisions?
Easier said than done, but the basic idea would be something like what the Founding Fathers of the US did with the Constitution - make a system where incentives are set up in such a way as to align success for the individual and the group.
If you start a company, you can experiment with alternatives to the current "increase da KPI" style of organization that is so prevalent nowadays.
I think Steve Jobs was a good example of someone who governed by pointing people to a beautiful vision, rather than mindless "ya, numbers go up" type thinking prevalent amongst investors nowadays.