Modern business management doesn't care about the long-term. Research pays off future managers and owners in years, or decades, but increasing prices now pays off now in bonuses and dividends for current managers and owners. Behavior follows incentives.
I agree with you in general, but I don’t think any of the 5 big tech companies are only concerned about short term profits. Two are run by founders (Facebook, Amazon), two are run by hand picked successors of founders (Apple, Microsoft) and I can never tell what Google is doing. It has been rudderless for over a decade.
What makes you think that business management doesn't care about the long term?
Business management is rumoured to care about share prices. And as we can see in the current stock market, shareholders are long term enough to eg see past the current pandemic. They also managed to see past Tesla's losses or Amazon's slim profitability.
