20 8 / 2011
Marc Andreessen on Why Software Is Eating the World - WSJ.com
Andreessen Horowitz is one of my [favorite] clients, but I still think this is a must read for anyone interested in tech, the economy, and the future.
A key issue in SV (and the US as a whole) is described here: “Secondly, many people in the U.S. and around the world lack the education and skills required to participate in the great new companies coming out of the software revolution. This is a tragedy since every company I work with is absolutely starved for talent. Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high. This problem is even worse than it looks because many workers in existing industries will be stranded on the wrong side of software-based disruption and may never be able to work in their fields again. There’s no way through this problem other than education, and we have a long way to go.”