“My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are poised to take over large swathes of the economy…the battles between incumbents and software-powered insurgents will be epic.  Joseph Schumpeter, the economist who coined the term ‘creative destruction,’ would be proud.”

Marc Andreesen, former founder of Netscape and venture capitalist at A16Z (listen to their podcasts), in a 2011 essay “Software is Eating the World,” still relevant to this day.