“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.