4 ms·
Software in its natural state is not scarce, is freely copyable instead of transferable, and is not capital; just like the ability to start a fire or shear a sh
by strken 4y ago
Software in its natural state is not scarce, is freely copyable instead of transferable, and is not capital; just like the ability to start a fire or shear a sheep are not capital.
Ownership over software is scarce and transferable. The thing that lets you use software as productive capital is the exclusive right to it. That right is entirely manmade.
- argentier 4y agoThat's code rather than software. Just because you copied the cookbook doesn't mean you now own a restaurant. Especially in compute-intensive activities such as neural nets/ML, capital is very much a factor.