God’s little programmers
September 16th, 2009 | Published in comment
I saw this table in David McWilliams’, The Pope’s Children, a few years ago. It made me sick. There nestled in the middle of the ‘potential to generate their own income’ column was me, an IT worker. It looks slightly dated now though.
So what has changed?
Restricted capital: Builders need capital to work with but web businesses typically don’t need a lot of financial capital to get started.
Focus on costs: It is a great time to buy that house in Dalkey but not a great time to be building one. There is a downward pressure on prices. Software innovation is often about pushing costs down – a popular proposition right now.
With that in mind I’m proposing a change to the table that will take place in the coming years. Lets hope it catches on.
