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Why Software Is Eating the World
AI source guide
How can I apply this idea: Software companies are not just another sector, they are becoming the mechanism by which every other sector competes, and this is happening in 2011 specifically because six decades of computing, four decades of microprocessors, and two decades of internet infrastructure finally converged into something cheap and ubiquitous enough to build on?
How can I apply this idea: The first industries software actually took over were the ones already selling something digitizable, video, music, games, and photos, and the incumbents that survived did so by becoming software companies themselves rather than by competing on their old physical distribution advantage?
How can I apply this idea: Beyond media, software started rewiring the industries that connect buyers to sellers and people to each other: direct marketing, local deals, recruiting, and telephone calls all moved onto software platforms that could out-target and out-price the incumbents' physical or legacy-network advantage?
