The metal economy is huge. Almost every product requires metal. But metallurgists don't take home a big fraction of it.
What's special about the software economy is that people who write the software take home a large fraction of it. Maybe more than half, depending how you count. Which is unprecedented.
It's not just because software can be zero marginal cost. Musicians don't take home half of music revenue. In most creative industries, the creatives take home less than 1/10th.
What's special about the software economy is that people who write the software take home a large fraction of it. Maybe more than half, depending how you count. Which is unprecedented.
It's not just because software can be zero marginal cost. Musicians don't take home half of music revenue. In most creative industries, the creatives take home less than 1/10th.
Enjoy it while it lasts.