Marc Andreessen’s famous observation that “Software is eating the world”, has become almost a cliché today.
Nonetheless, it is difficult to consider his statement as anything other than prescient given that the top 5 publicly traded companies in the world by market capitalization (company value) are now all technology companies: Apple, Google, Microsoft, Amazon, Facebook. A jostling is taking place for numbers 6 and 7 with the Chinese firms Alibaba and Tencent making their mark.
How long before the top 10 are all technology firms? Can we then say, “Software HAS eaten the world?”
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