That is true, but that suggests that the value of software is reverting to the value of a jig. Software that gets deployed to millions of people gets a large va

That is true, but that suggests that the value of software is reverting to the value of a jig. Software that gets deployed to millions of people gets a large valuation because it provides small convenience times a million. In the era of bespoke software, you’re basically 100x-ing the production of a millionth of the value of commercial software. That’s why it isn’t all that impactful in the end and I think it’s worth highlighting.