Monday, September 26, 2022

Long on long, Short on short

 Typically humans tend to be positive on the long term and negative on the short term. Is this just my opinion? let's see.

  1. Stock markets have a typical upward drift over the long term. Given the underlying sentiment, it is safe to assume humans are positive on the long term.
  2. Humans respond to negative news ( short term) more and faster. Negative items have higher views/ engagement/curiosity. Which newspaper/news channel gets more eyeballs saying everything is good?
  3. A common perception is that we have more control over the immediate/short term than long term ( Is this perception the truth, is another matter!). A long term weight reduction plan gets lesser attention than an instant gratification. More effort/money is spent globally on cures than prevention. Probably because we don't believe something bad may happen in the long term. Armageddon predictions by the cults are considered funny at best and ignored.
  4. Our own attention spans tend to focus more on the short term . A game that gets done in an hour or less has more viewers than a game that runs for days and weeks.

It is probably this view that is continually shortening the cycles of consumption, economy, entertainment, pursuits that the true tectonic human endeavors are ignored.

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