First, he is telling developers that they are awesome. That's nice to hear, and of course will guarantee a friendly reception by developers. :-)
Secondly, he is arguing that all businesses will be heavily software driven, and if they don't invest in IT, they will be winding up buying from a "cloud" provider.
Thirdly, he is arguing that management needs to take a long position on hiring(non-pedantic note: a long position is where you expect a stock to go up, it is the "buy low sell high" approach), because it will pay off massively. Investing into software creators on the 50-year plan will provide heavy returns, because business are becoming software-ized, and it will pay off.
I think in the scope of the next fifty years, the author is correct in that software will be one of the core strata of societies across the board (I don't see us there yet by a long shot - some places don't even have electricity still).
First, he is telling developers that they are awesome. That's nice to hear, and of course will guarantee a friendly reception by developers. :-)
Secondly, he is arguing that all businesses will be heavily software driven, and if they don't invest in IT, they will be winding up buying from a "cloud" provider.
Thirdly, he is arguing that management needs to take a long position on hiring(non-pedantic note: a long position is where you expect a stock to go up, it is the "buy low sell high" approach), because it will pay off massively. Investing into software creators on the 50-year plan will provide heavy returns, because business are becoming software-ized, and it will pay off.
I think in the scope of the next fifty years, the author is correct in that software will be one of the core strata of societies across the board (I don't see us there yet by a long shot - some places don't even have electricity still).