I think his point of &quot;We must make long term investments over 25, 50 or even 100 years. The greatest challenges require very long time horizons and cannot be solved by short term thinking.&quot; is <i>extremely</i> important.<p>As someone doing research at a top university, I am constantly annoyed by short term vision and optimizing for publication number at all costs. This system is broken.<p>Alfred Sanger got 2 Nobel Prizes, and he spent a lot of time without publishing before each. Clearly something impossible to do these days.