[InclinedPlane]

The "web economy" isn't solely digitized though. Sure you have things like, say, youtube, but you've also got Uber, Amazon, AirBnB, etc, companies that fundamentally rely on the internet and software but which have a big dependency on physical things.

[ethbro]

That's my point though. The degree to which "average physical thing that is depended on" is integratable with software at any point in time.

What is Uber worth with self-driving cars? Or with more granular locking standards (this car will authenticate and unlock for me because its driver added me)?

What is the traditional side Amazon worth without the ability to automatically route packages using laser readers and codes? Or with the ability of packages to self-navigate to their destination?

What is an AirBnB worth with an adjustable room? I walk in, all my preferences are imported into the room: illumination amount, light temperature, room temperature, music? Or, again, if the locks know me because of my digital keys rather than swapping physical ones?

If these businesses have a heavy dependency on physical things (as a lot of tech businesses do), then the degree of integration between that thing and software defines how much value can be delivered. Obviously you can increase this yourself with devices, but that's much more expensive than relying on an increasing average.