Software Goes Free

Phil Wainewright writes: “The price of software is inexorably grinding towards zero. Software is becoming infrastructure, and that infrastructure is progressively becoming commoditized. A key part of this evolution is the abstraction of application logic out of software and into standards-compliant XML documents. Once all of the identities and rules that define a set of processes (ie an application) can be expressed as XML, then creating or modifying an application becomes an editing task rather than a programming job. That editing task will still have to paid for, and it might well accumulate intellectual property of some value but the money will not go to software developers. Some software experts will earn a living from operating the infrastructure that processes the XML documents. But the infrastructure itself will be built with open-source software.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.