I think the problem is that the software model is being used in other industries. Not just in production (e.g. Tesla "move fast and break things" on things tha

I think the problem is that the software model is being used in other industries. Not just in production (e.g. Tesla "move fast and break things" on things that are life/death, or merely very expensive) but also in valuation: Tesla, WeWork, and a ton of others are/were valued as technology companies even if they are clearly not. When this happen you start getting comically bad results (see: all the summon feature failures on Twitter) and catastrophic valuation corrections (see: almost all the recent "technology" IPOs). The whole VC market seems to be built on this built-in assumption that everything will be able to scale and have the margin of software companies, even when it is obvious that it is impossible. I am not sure why there is such a gap between reality and VC/investors in general, but it's probably going to seem obvious in retrospect.