Affecting the very long run

Abstract

Different strategies can be taken to influence and prepare for the very long run. One approach is to bolster and adjust economic systems to consider the risks and values associated with long-term decisions. This could involve reevaluating cost-benefit analyses, adapting theories of economic growth to account for existential risks, improving institutions that promote stability and growth, and investigating the concept of option value in intergenerational decision-making. Furthermore, examining the potential moral conflicts that may arise from technological advancements, such as stem cell research and artificial intelligence, and determining methods for addressing them, may be beneficial. – AI-generated abstract.