Why Software is Eating the World
Source: Marc Andreessen
Affiliation: Andreessen Horowitz
In this article, Marc Andreessen argues that the rapid growth of tech companies will not lead to a dangerous new bubble like the dot-com bubble. Rather, because of lower start-up costs of new Internet services and growing demand for online services, software companies are "eating" traditional businesses in a wide variety of sectors and powering businesses that are widely regarded as existing in the physical world. Andreessen calls for a greater acceptance of the expansion of software companies rather than skepticism of their growth.