The Economics of Software

I’m a software engineer, and actively think about the nature of my profession and passion.

It’s interesting to ask the question: what are the distinguishing economic aspects of software?

  1. Extremely low marginal cost of production
    1. – copy paste

2. Don’t need permission

No guilds, no professional accreditation
– very low cost of input: start from a document!
– substrate (computation) is ubiquitous
– build your own tools: both the product and the tools are code!
– open source

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