software
3 statements across 3 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement Feb 15, 2026 by Jason Fried · across every show →
Everything said about software, oldest first
Feb 15, 2026 negative
Fried: Lacking Physical Constraints, Software Inevitably Expands and Degrades
“In software, you don't get that. Software can be anything. It's infinitely malleable. And what ends up happening is because there's nothing pushing back, it just expands forever and gets worse. Software slides downhill. It gets better for a while than slides d…”
Apr 12, 2026 negative
Spiegel: There is no defensible moat in software alone
“You know, you look at the last 15 years, we learned very, very early on that there's no moat in software, which was an incredibly powerful lesson, right? All of our ideas, the things that we invent, people just try to copy right away, and it's easy to do that …”
Sep 6, 2026 bullish
Dell: Next 50 years of energy defined by solar, batteries, and software
“We think that there's a generational kind of paradigm shift happening in the energy industry, where the last five decades of energy were defined by coal and then Natural gas as the marginal megawatt. And the next five decades will be defined by solar batteries…”