Everything is a software company
I mentioned Walmart earlier as a company that used trucks to change retail, but it also changed retail by presuming mass car ownership. The car industry probably created more millionaires in retail and real estate than in the actual car industry - making cars was just one industry, but mass car ownership changed everything else. I often think that’s a good way to think about the state of tech today: 80% of the world’s adult population has a smartphone now, so how many things can we do with that? That’s what ‘software is eating the world’ means. But part of that is also that Walmart wasn’t built by car people, from Detroit. It was built by retailers. Sam Walton was born a decade after the Model T, and this year’s MBA class was born the year Netscape launched. At a certain point, everyone has grown up with this stuff, everything is a software company, and the important questions are somewhere else.
- Software Engineering