How Much Should You Think about the Long-Term?
Often people tell you that “You should think about the long-term.”
Sometimes people tell you, “Forget long-term, its too vague, but you should at least think beyond the near-term.”
Really?
Unfortunately, part of my brain (prefrontal cortex), which can see and analyze the future, has failed to develop compared to the other smart beings.
At times, I try to fool myself saying I can anticipate the future, but usually when I get there (future) its quite different. I realize that the way I think about the future is fundamentally flawed. I take the present and fill it with random guesses about something that might happen. But I always miss things that I’m not aware of or not exposed to.
In today’s world, when there are a lot of new ideas/stuff going around us, I’m amazed how others can project themselves into the future and plan their long-terms?
Imagine a tech-company planning their long-term plan, 5-years ago, when there were no iPads/tablets. They all must have guessed a tablet revolution and accounted that in their long-term plans. Or even if they did not, it would have been easy for them to embrace it right?
You could argue that the tablet revolution is a one-off phenomenon or an outlier. Generally things around here are very predictable and we can plan our long-term without an issue. Global economics, stability of government, rules and regulations, emergence of new technologies, new markets, movement of people, changes in their aspirations, environmental issues, none of these impact us in any way.
Good for you! Unfortunately I don’t live in a world like that (or at least don’t fool myself thinking about the world that way.)
By now, you must be aware that we live in a complex adaptive world and we humans ourselves are complex adaptive system. In complex adaptive system, the causality is retrospectively coherent. .i.e. hindsight does not lead to foresight.
10 years ago, when I first read about YAGNI and DTSTTCPW, I thought that was profound. It was against the common wisdom of how people designed software. Software development has come a long way since then. But is XP the best way to build software? Don’t know. Question is, people who used these principles did they build great systems? Answer is: Yes, quite a few of them.
In essence, I think one should certainly think about the future, make reasonable (quick) guesses and move on. Key is to always keep an open mind and listen to subtle changes around us.
One cannot solely rely on their “intuition” about long term. Arguing on things you’ve all only guessed seems like a huge waste of time and effort. Remember there is a point of diminishing returns and more time you spend thinking long-term, less your chances are of getting it right.
I’m a strong believer of “Action Precedes Clarity!”
Update: In response to many comments: When the Future is Uncertain, How Important is A Long-Term Plan?
