We discuss methods of prediction of long‐term performance and reliability of polymer‐based materials from short‐term tests. The methods include prediction of slow crack propagation and also predictions based on correspondence principles including the stress–time correspondence. The amount of experimentation needed for reliable predictions is much lower than generally believed. For instance, experiments at two stress levels for a four‐phase polymer liquid crystal are sufficient for creation of a master curve. We cover briefly tribology, including friction, scratch resistance, and wear resistance. When appropriate, we illustrate mechanical and tribological processes by results of computer simulations.