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How does a chef get categorized? They develop recipes which have future value but also do a lot of ephemeral work product.

I think the issue is this fantasy that a software develop only produces long term IP. Or how is it different from an executive who is developing strategy and market positions that have future value?

Maybe it would make sense if we could distinguish such work products as a fraction of their total output, tracked as actual inventory that accountants have to assign value and track capital gains on?



I think the fantasy is that software is mostly like inventing the transistor. Most software is CRUD apps that are more akin to a company’s profit-generating physical infrastructure.




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