This is relative. In two generations, the concept of "master craftsman" and longevity will have been forgotten and short term thinking will the be "norm".
It is only because we know and can compare that we judge.
Remember, when we were hunter & gatherers, before becoming bound to the land and tilling that land, we had different gifts and talents that have all been lost. For better or worse.
Or closer to home: barely anyone remembers black and white television or the feeling it must have been to view the moon landing on one.[1] Cathode ray TVs have gone the way of the Dodos - good or bad? Who knows.
Whether a long term or short term outlook is better or worse, no one can tell because there aren't any goals nor targets to meet in evolution.
Black and white TV left enough of a cultural impact that despite not living through that era, when I got a black and white e-ink smartphone recently I joked that if I were to watch the snooker on it I'd have to judge the green by its proximity to the pink.
Also the BBC still issue black and white TV licences, I suspect my phone is eligible for one! Still about 3.5k of them working apparently.
>and longevity will have been forgotten and short term thinking will the be "norm".
Nobody plans for decades because nobody can afford the risk.
On a personal or organizational level there is no point in making investments that will turn profit over the course of decades if over the ~5yr horizon there's there's always the looming risk that the government will kick your craft out of the country at the behest of the people.
What happened to all the men who specialized in casting steels? What happened to those facilities? What happened to those companies?
The math is simple and they teach it in every business school in the country.
> barely anyone remembers black and white television
I feel like some "old" people have the weird idea that "young" people are just clueless about anything older than themselves. Just because some technology is no longer in use, does not mean that you don't get in touch with it. You don't grow up in isolation. There are always museums and of course the appliances of your parents and grandparents, in this case their photos.
All the films beyond some point are black and white and it's not like there were no significant events during that time. (Although I have seen some color-pictures from the 1900s, but the majority of course wasn't.)
Sure, you only use the technology from the past 15-20 years in daily life, but I feel like the technology you get in touch with is more closer to 80-100 years.