Open Networking Summit 2017
April 3-6, 2017 - Santa Clara Convention Center

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Tuesday, April 4 • 3:00pm - 3:50pm
Economics of How Software is Eating the World - Robert Cohen, Economic Strategy Institute

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This presentation makes five points:

1. Software innovations have become central to business operations. obtaining high performance software, such as Open Source Software, is nearly zero if a firm uses an online exchange such as GitHub and has access to a permissive license. This speeds up software development and reduces its cost because firms can often avoid paying licensing costs.

2. Software innovations are employed in such a wide range of industries that software should be a General-Purpose Technology.

3. Software behaves unlike other products. It is part of a continuing development process with developers adding code as needed. This ongoing process can be seen in new Internet-related software, such as Linux, Open Source, and Docker/containers.

4. The time it takes to complete software innovations is dropping sharply. 

5. Businesses take swift advantage of software innovations

avatar for Robert Cohen

Robert Cohen

Sr Fellow, Economic Strategy Institute
Robert Cohen is an economist and senior fellow at the Economic Strategy Institute, where he directs a study of the impact of cloud computing, machine learning and artificial intelligence on the U.S. economy. His current research is on the impact of moving to an "intelligent" software... Read More →

Tuesday April 4, 2017 3:00pm - 3:50pm PDT
Grand Ballroom D
  General Interest
  • Experience Level Any