The usual type of glib statements that date back half a century (my observation time scale). Worrying about the short term thinking of the CEOs has always been around by political busybodies, even as major companies plan decade long projects. The half a century-long validity of Moors law technology improvements in solid state devices required long-range planning at a scale and duration that far exceeded anything any government planners around the world can achieve.



Just look at the massive government programs by planners, bureaucrats, and politician to displace and take over high tech markets. The Japanese 5th generation project (the 80's) to just win against Intel and others wasted billions with no gain to Japan or the world. France blew a fortune on trying to make memory chips only to have Korean private companies blow them out of the market and even an American company. Even our DOD and DARPA threw $500 million at SEMATEC https://en.wikipedia.org/wiki/SEMATECH that lasted only 5 years before the political class cut the budget and it switches from technology to international supply chain information for international companies.



The implicit assumption by the author of this article that he and his associates are smart enough to make long-term optimal decisions is a pure delusion. If they are so smart at long term planning, they must be able to predict the future evolution of companies and should all be billionaires. In reality, their claims for more regulations and control are just power grabs and rent seeking.