To be fair, software development in 1954 is not software development today. It's less pure research. It's more akin to building the electrical infrastructure

To be fair, software development in 1954 is not software development today. It's less pure research. It's more akin to building the electrical infrastructure you need for a business. Even though I see the logic of treating software developed as a capitalized asset, I don't necessarily think the outcome will be net good.