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Metal economy is huge, but there are inputs. Software engineers have no inputs into our projects besides our work and some hardware and electricity. A developer is 99% of the cost of a piece of software.


In other words, your value-added as a software engineer is significantly higher, as a fraction of the money in a transaction, than the metalworker's.

This is because of leverage. Implement software that speeds up a process by 20% once, and every time that process is used from then on the speedup adds value.

We're lucky to be working in a field that enables us to add a lot of value, for relatively little capital costs, and pocket a good share of the difference.


They listed music as a counter-example to this. No inputs = zero marginal cost.


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