Notes related to software economics
Was software a scarce commodity all along?
I spend too much of my waking hours questioning the impact of AI on the software industry. Currently, I’m playing with the thought experiment that, just like coffee, software is a commodity. What I find interesting in that framing is that, unlike coffee, the software price equilibrium was defined by a scarcity in production capabilities. The main driver of this production scarcity was the high capital requirements needed to produce and maintain software.