When software becomes cheap you can apply it to smaller and smaller problems.

· Bits and Bobs 3/9/26
  • When software becomes cheap you can apply it to smaller and smaller problems.
    • Assuming a fixed demand is a common mistake.
    • Software is extremely expensive but acts as a tax.
    • If you reduce the tax you get an explosion of demand.
    • Software was artificially expensive before because it was so hard to produce.
    • There's infinite demand for software.

More on this topic

From other episodes