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SLP396 Allen Farrington Austrians, Capital & DeFi Yield

Stephan Livera Podcast

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Software Is a Kind of Capital and We're Using It

In a world without computers, we could maybe look at it might be sort of like looking at a recipe book and being like, this recipe is how you create this output. Software is almost the exact opposite of this. Its creating the means of further production that will last. And people can, yes, y i sa yourrar for a machine, rather than for a person. But certainly, as we go forward in the coming decades, this creates a kind of a political economy where saltware engineers are. They have wildly, sort of disproportionate leverage over their over their politicians.

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