We are already in an era where companies enabled by software (but also other technologies) will be the biggest in the world. Tesla, SpaceX, CATL and BYD are the early successes. Software is no longer king, but it has and will continue to have a seat at the table.
@tsungxu Most companies rely on multiple technologies, including software, and this has been true for some time. Examples: jet engines, aircraft, automobile manufacturing, etc. What is different?
@tdietterich Agreed on a longer time horizon. My point was on the 2010s. It saw a wave of low interest rate and easy capital fueling startups like Uber, Airbnb, et al. These startups used software as core enablers for their products. So perhaps it is more of a reversion to the mean.
@tsungxu I see. So is the lesson that future big wins will come from combining software with some other enabling technology (e.g., advanced materials, synthetic biology, etc.)?
@tdietterich Lesson is a strong word, but that is the point, though perhaps not well conveyed