Today, the world's largest bookseller, Amazon, is a software company—its core capability is its amazing software engine for selling virtually everything online, no retail stores necessary. On top of that, while Borders was thrashing in the throes of impending bankruptcy, Amazon rearranged its web site to promote its Kindle digital books over physical books for the first time. Now even the books themselves are software. WSJNot really. There has been no great breakthrough in counting boxes on the shelves. The data base procedures have been in use since pre-history, simply speeded up a bit by microprocessors.
Secondly, many people in the U.S. and around the world lack the education and skills required to participate in the great new companies coming out of the software revolution. This is a tragedy since every company I work with is absolutely starved for talent. More nuttynessThe world has plenty of talent for the task, they just do not have stupid idiots who want to move to Silicon Valley. They can do their job where they are, with the education they have.
Google+ starts up and immediately captures a large share of social networking. What heppened? Simple, the database format used by Facebook has no value added, anyone can duplicate it. Marc does not get this and think he can somehow control a simple database format from Silicon Valley. Software is simple, easy to do, believe me we have no shortage of software engineers.
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