The Coming Age of Machine Intelligence

Marc Andreessen once said that software was eating the world. The point he was trying to make was that software increasingly represents the value in most economic processes. In this sense, where software was previously one small component of a complex process that involved lots of human input and complex non-digital systems, it now represents the bulk of the intelligence and value-add. Think about cars before Tesla. You had carburetors, fuel injection systems, spark plugs, complex mechanical transmission systems, cooling systems, pumps and much more.