As the world’s horticultural population becomes older and more young people choose to live in cities, the number of farmers around the world is gradually decreasing, raising the question: who…
Parliamentary system plays a big role here by directly encouraging short term thinking. Since parties tend to stay in power for a handful of years, that becomes the political horizon for their projects. Nobody wants to start a project that another party might take credit for, and many times when new parties get in power they tend to change course. Couple that with a stock market driven economy where quarterly profits are the only consideration, and you have a solid system for ensuring that no long term planning happens.
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Parliamentary system plays a big role here by directly encouraging short term thinking. Since parties tend to stay in power for a handful of years, that becomes the political horizon for their projects. Nobody wants to start a project that another party might take credit for, and many times when new parties get in power they tend to change course. Couple that with a stock market driven economy where quarterly profits are the only consideration, and you have a solid system for ensuring that no long term planning happens.
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It actually does look like machine learning will play an increasing role in managing Chinese economy.
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