Saturday, August 20, 2011

Marc Andreessen on Why Software Is Eating the World

Marc Andreessen on Why Software Is Eating the World: This week, Hewlett-Packard (where I am on the board) announced that it is exploring jettisoning its PC business in favor of investing more heavily in software, where it sees better potential for growth. Meanwhile, Google plans to buy up the cellphone handset maker Motorola Mobility. Both moves surprised the tech world. But both moves are also in line with a trend I've observed, one that makes me optimistic about the future growth of the American and world economies, despite the recent turmoil in the stock market.