We tend to think of risk management and secondarily the cost horizon of [re]building eroded technical competence, in the West, but hn commenter User23 also makes a point that is incredibly important and less often mentioned:
> " 'Indeed, besides the Catholic Church, the Lutheran Church, and the Parliaments of Iceland and the Isle of Man, every organization [of 60+] in the western world that's been continuously operating since 1530 is a university.'
I believe this is why it's critically important that universities remain focused on their timeless mission rather than chasing secular fads. The Buxton index, described in the [link], is an incredibly important concept."
It's natural that we would think technology startups compelling due to the way they succeed with difficulty and risk management competence. But if their Buxton index of planning horizon is limited by their runway, and a decade is considered an Uber-long horizon, how futuristic and exceptional are we ultimately talking? I agree with the parent commenter that the eggs in two baskets serve separately appropriate purposes.
https://news.ycombinator.com/item?id=33939692
> " 'Indeed, besides the Catholic Church, the Lutheran Church, and the Parliaments of Iceland and the Isle of Man, every organization [of 60+] in the western world that's been continuously operating since 1530 is a university.'
-- https://www.cs.utexas.edu/users/EWD/transcriptions/EWD11xx/E...
I believe this is why it's critically important that universities remain focused on their timeless mission rather than chasing secular fads. The Buxton index, described in the [link], is an incredibly important concept."
It's natural that we would think technology startups compelling due to the way they succeed with difficulty and risk management competence. But if their Buxton index of planning horizon is limited by their runway, and a decade is considered an Uber-long horizon, how futuristic and exceptional are we ultimately talking? I agree with the parent commenter that the eggs in two baskets serve separately appropriate purposes.