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Perhaps it has been true for the last 5000 years. Presumably they haven't been talking about the same thing. You could sell software in catalogs for home compu
by projectramo 8y ago
Perhaps it has been true for the last 5000 years.
Presumably they haven't been talking about the same thing. You could sell software in catalogs for home computers, but that dried up. Then you could make web apps, and that dried up. Then you could make mobile apps and that has dried up.
(*Note: note completely, and I am sure many people know someone who still makes some surprising amount of money with this one weird trick/app)
When the next platform comes out (VR? Cars?) there will be a software shortage and you will have a few years to code up some stuff. Then the market will demand more elaborate and sophisticated software that will require a team, some investment and a lot of time.
- onion2k 8y agoPresumably they haven't been talking about the same thing. You could sell software in catalogs for home computers, but that dried up. Then you could make web apps, and that dried up. Then you could make mobile apps and that has dried up. Exactly this. There's no industry that's always been easy to get in to, but there's always been something. It changes as society changes. You just have to work out what it is at the moment.
- paultopia 8y agoHeh, all the work in that comment is in the "just" in the last sentence. You can sort of see it as an extension of the efficient markets hypothesis: if there were money lying on the ground, someone would already have picked it up. Alternative formulation: any kind of arbitrage, whether in terms of the stock market or in terms of allocating labor to an underserved need, has to have some kind of search costs to it.