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The reason software is different is simply that it is a recently developed industry. If you look back, all industries start this way. The most heavily-credenti
by snowwrestler 5y ago
The reason software is different is simply that it is a recently developed industry.
If you look back, all industries start this way. The most heavily-credentialed and tightly-regulated field you can think of today started off as a bunch of hustlers making it up as they went along.
It didn’t last for those other industries and it likely won’t last for software.
- golemiprague 5y agoI am not sure, software is a bit like a trade, you actually build something only it is virtual and if you build it they will come, nobody can stop you from building things. Medicine, Law or consulting are services, not actualy creating any actual new value. They build their moat by making the license very hard to obtain and making one's status and prestige the most important thing. You do need licenses to do certain trades but they are usually not that hard to obtain and the prestige of the institute giving them is less important.