Site icon IT World Canada

Is software really eating the world?

iStock image from Thinkstock.com

Marc Andreessen of Mosaic, Netscape fame and an investor in many well-known Internet companies, stated in a New York Times essay in August of 2011 that, “software is eating the world.” More than five years later, it would be instructive to see if he was right on the money.

First, several quotes from the article:

My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are poised to take over large swathes of the economy.”

“Over the next 10 years, I expect many more industries to be disrupted by software…”

“…all of the technology required to transform industries through software finally works and can be widely delivered at global scale.”

“…software programming tools and Internet-based services make it easy to launch new global software-powered start-ups in many industries—without the need to invest in new infrastructure and train new employees.”

This sounds like the world we live in today, doesn’t it?

The critical importance and value of software not in question — Information Technology as we know it would not exist without both software and software developers at all levels of the systems hierarchy.  Some examples:

The first quote (above) is certainly coming true as is indicated by the examples above. There is really very little in the modern world that hasn’t been touched by, or is intimately tied to, software.

This has increased the importance of the “whole product” associated with software components.  All software requires, but are certainly not limited to, the following:

In the end, whether software is eating the world probably does not matter very much as long as we acknowledge it to be a valuable “natural resource” in the Digital Economy. Those who understand and can exploit software for disruptive innovation will create the next wave of business transformations.

This is what I think. Am I right or am I full of bugs?

Exit mobile version