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Founder's Journal

Why Software is Eating the World

Founder's Journal

Morning Brew

Careers, Business, Entrepreneurship

4.8 • 1.1K Ratings

🗓️ 8 March 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

Episode 117: Just under 13 years ago, Marc Andreessen proclaimed that software would transform every industry. He couldn’t have been more right; software did eat the world. 7 of the 10 largest companies in the world today are technology or software businesses, and Andreessen Horowitz, the investment firm Marc founded in 2009, grew to become the largest VC in the world. Today, we’re going to be reading Andreessen’s 2011 essay to understand the rationale behind his future predictions, and how the patterns he spotted could be applied to today’s business landscape with the growth of AI. Original essay: https://a16z.com/why-software-is-eating-the-world/ Send us an email and let us know what you think of the idea! [email protected] #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's up everyone? Welcome back to another episode of Founders Journal. I'm Alex Lieberman co-founder and executive chairman of Morning Brew.

0:06.6

On Founders Journal, I act as your startup Sherpa, curating the best content for entrepreneurs

0:11.6

summarizing it so you don't have to read it, watch it, or

0:14.3

listen to it yourself, and analyzing it so you have actionable takeaways to apply to your business.

0:20.0

Before we hop into it, I have one ask of you.

0:22.6

Please share Founders Journal on social media.

0:25.2

Podcasting is a super competitive game these days,

0:28.3

and the only way to grow is through word of mouth

0:30.5

and promotion on social media.

0:32.3

A minute of posting on your end will make the dozens

0:35.2

of hours that myself and the team spend creating this show each week completely worth it.

0:40.0

You can either give the show a shout out or share the single most interesting thing you learn from today's episode

0:46.0

and make sure to tag me so that I can give you props once you post.

0:49.6

Now let's talk about today's episode.

0:51.6

Just under 13 years ago, Mark Andresen called his

0:54.7

shot on the future of technology. Like a business version of Babe Ruth, he proclaimed that software

0:59.8

would transform every single industry, disrupting incumbents, and changing the way that consumers

1:04.9

and employees experience the economy.

1:07.3

Well, he couldn't have been more right.

1:09.5

Software did in fact eat the world.

1:11.8

Seven of the ten largest companies in the world today are

1:14.8

technology or software businesses and And Andreessen Horowitz, the investment firm

...

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