Economics of How Software is Eating the World
This presentation makes five points: 1. Software innovations have become central to business operations. obtaining high performance software, such as Open Source Software, is nearly zero if a firm use …
| Talk Title | Economics of How Software is Eating the World |
| Speakers | Robert Cohen (Sr Fellow, Economic Strategy Institute) |
| Conference | Open Networking Summit |
| Conf Tag | |
| Location | Santa Clara, CA, United States |
| Date | Apr 3- 6, 2017 |
| URL | Talk Page |
| Slides | Talk Slides |
| Video | |
This presentation makes five points:
- Software innovations have become central to business operations. obtaining high performance software, such as Open Source Software, is nearly zero if a firm uses an online exchange such as GitHub and has access to a permissive license. This speeds up software development and reduces its cost because firms can often avoid paying licensing costs.
- Software innovations are employed in such a wide range of industries that software should be a General-Purpose Technology.
- Software behaves unlike other products. It is part of a continuing development process with developers adding code as needed. This ongoing process can be seen in new Internet-related software, such as Linux, Open Source, and Docker/containers.
- The time it takes to complete software innovations is dropping sharply.
- Businesses take swift advantage of software innovations
