[kfk]

Excluding maybe self driving cars (maybe), I doubt that the core capability needed to drive the innovation in the above is software. I mean, that's like saying metal is everywhere in those industries. Of course it is, but it's also a commodity because it's easy enough to be produced by many competitors. I don't see software as so complex that few companies can keep the monopoly.

[pjc50]

I didn't downvote you, but I disagree strongly. Software is both the most complex and skilled-labour-intensive thing that humanity has produced, and something that needs to be individually commissioned for any kind of real business edge. And it's supply constrained; that's why we're paid better than most of the non-finance economy.

You can't just go down and pump another few thousand barrels of raw software into your Strategic Software Reserve.

[kfk]

It's really not, it's now because few things are relatively new, it wont be like this forever. Building a rocket, a plane, a car factory, it's way more complex.