That requires long term planning that I doubt they are capable of or willing to engage in. It takes a minimum of 16 years to go from conception to worker in the developed world. In practice over 20 if you want them to be able to make real money for you.
Who plans for 16 years ahead? No one. The horizon is way too long. No one is going to lobby a politician today for an investment that might pay off that far in the future. You could get about 7% return on an index fund this year alone and instead you want to try for the slim possibility that you can pay a worker less in 16 freaken years? Companies usually won’t go beyond even a 5 year investment, 8 if they are a utility. This would be an investment that is literally over twice as risky as a nuclear power plant.
That requires long term planning that I doubt they are capable of or willing to engage in. It takes a minimum of 16 years to go from conception to worker in the developed world. In practice over 20 if you want them to be able to make real money for you.
Who plans for 16 years ahead? No one. The horizon is way too long. No one is going to lobby a politician today for an investment that might pay off that far in the future. You could get about 7% return on an index fund this year alone and instead you want to try for the slim possibility that you can pay a worker less in 16 freaken years? Companies usually won’t go beyond even a 5 year investment, 8 if they are a utility. This would be an investment that is literally over twice as risky as a nuclear power plant.