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SHOW NOTES:

HOW DID SOFTWARE EAT THE WORLD?

A decade of projects that spun out of the big cloud companies and became open source projects (Kubernetes, Kafka, etc.)
All the things your mom used to do for you is now a mobile app (rides, grocery delivery, making your meals,
We’ve had a decade+ of growth economy (low interest rates, lots of VC funding)

ARE THE INCUMBENTS FINALLY EATING THEIR OWN SOFTWARE?

Incumbents are starting to adopt new business models (Streaming TV/Movies, Electric Cars, Analytics built into Farming/Sports/etc.) and leveraging their previous investments.
Many of the business models of the last 5+ years is falling apart
The monopolies are disrupting the monopolies (Apple/ads),
Web3 is going through a trough of disillusionment
Meta lost $10B, which aligns to what was their metaverse investment plan
Software ate business models, but there is a hardware resurgence coming
People want a “what’s next”” technology trend, but there’s still a lot of Web2 to play out.

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