[wodenokoto]

I think that too is wrong way of looking at it.

What he basically says is, you need an organizational framework that works 10 years at a time in order to get a result in 7 years. The people working in this framework, needs 5 years windows and you need to hire absolute geniuses and have the trust that they'll do the right thing.

If you do that, you will get long term, world changing inventions relatively cheap.

I don't think anyone is being a moron for utilizing a staff of less than stellar geniuses to get work done in a time frame less than 7-10 years.

[calibraxis]

I believe there's a lot of evidence we're collectively morons. Consider how close we are to a transformed world. Hunger, wage slavery, environmental destruction, etc could be a thing of the past if enough of us decided right now to be serious... countering absurd ways of thinking.

Are people really afraid of death? Then we should invite people to organize to solve that. Support each other regardless of gender or other insignificant differences, to accomplish such goals; any menial work can be shared equally. What huge percentage of humanity would go for that?

But currently we organize ourselves in moronic ways. Alan Kay's vision seems actually quite narrow and corporate-friendly; many go further in seeking to liberate imagination. http://thebaffler.com/blog/david-graeber-defiantly-having-fu...

[TheOtherHobbes]

The moronism comes from a corporate culture that prioritises short-term gain over the invention of ultra-profitable long-term game-changers.

How many of the advances in computing have been inspired by MBAs demanding quarterly growth?

We have no formal tools for valuing our collective future.

Incubators and accelerators come closest, but the emphasis is still on believable prospects for profitability - hence investing in the team, instead of good ideas - and not on open research.

[kbutler]

Or is it a rational discounting of uncertain distant future results compared to the relatively more certain short-term gains?

Or taking another look - how much of your income are you investing for retirement vs current consumption? Why?