Earlier quoted context omitted.
Uh huh and who are these artisans multiplying value (not just selling but literally adding value) of software systems by 14x?
I think PG said[0] it well: Suppose you own a beat-up old car. Instead of sitting on your butt next summer, you could spend the time restoring your car to pristine condition. In doing so you create wealth. The world is-- and you specifically are-- one pristine old car the richer. And not just in some metaphorical way. If you sell your car, you'll get more for it. In restoring your old car you have made yourself riche…
25 years of coding, and I'm just beginning
31–40 of 213 posts
Re: 25 years of coding, and I'm just beginning
#32Earlier quoted context omitted.
A lumber jack cuts down a tree and sells the wood for $500 to a high end furniture maker. This furniture maker then produces an armoire that he sells to a rich person for $7000. Was that lumber jack exploited because he only made $500 from the wood?
Uh huh and who are these artisans multiplying value (not just selling but literally adding value) of software systems by 14x?
Selling is adding value. If you make something great and nobody uses it, how is that different than never making it in the first place? It would have no effect on the world and nobody would be better off because it exists.
Software adds value to the users and the users need to find out about it and be convinced to purchase it in order to realize that value. That's the case for any category of product.
Re: 25 years of coding, and I'm just beginning
#33Earlier quoted context omitted.
A lumber jack cuts down a tree and sells the wood for $500 to a high end furniture maker. This furniture maker then produces an armoire that he sells to a rich person for $7000. Was that lumber jack exploited because he only made $500 from the wood?
Uh huh and who are these artisans multiplying value (not just selling but literally adding value) of software systems by 14x?
Re: 25 years of coding, and I'm just beginning
#34In the business world it's the same with software. At one place I worked they were paying thousands of dollars a year for a software product that was buggy and barely worked. It was slightly better than a shared spreadsheet. But it was better, so they paid for it. Most non-technical people are pragmatic, and also jaded about software. They expect it to be arcane and difficult and spitting out errors and warnings. They just learn how to get through it in the ways that do work, and as long as it's a net time saver they'll accept it.
Re: 25 years of coding, and I'm just beginning
#35There is a lot of value in confidence, ability to execute and knowing the value of your own hour of effort. My advice to anybody out there who feels like the OP is to get our and expose yourself to new things, take a few measures risks and force yourself to grow.
Re: 25 years of coding, and I'm just beginning
#36This is the worst and contributed to me doing different things, for me it was apps whose API servers were no longer responding.
It is very hard to keep your portfolio up to date, when you aren't able to show even the public facing side of it.
Re: 25 years of coding, and I'm just beginning
#37Earlier quoted context omitted.
You forgot to mention millions of dollars of value created for other people.
A lumber jack cuts down a tree and sells the wood for $500 to a high end furniture maker. This furniture maker then produces an armoire that he sells to a rich person for $7000. Was that lumber jack exploited because he only made $500 from the wood?
Re: 25 years of coding, and I'm just beginning
#38Earlier quoted context omitted.
I think PG said[0] it well: Suppose you own a beat-up old car. Instead of sitting on your butt next summer, you could spend the time restoring your car to pristine condition. In doing so you create wealth. The world is-- and you specifically are-- one pristine old car the richer. And not just in some metaphorical way. If you sell your car, you'll get more for it. In restoring your old car you have made yourself riche…
I'm guessing Paul Graham has never restored a beat up car to pristine condition. Your pristine condition car that will fetch you less than the new parts you put in when you sell it at what the market will pay for it. Restoring beat up cars to new state is a losing game unless someone pays you to do the work, except for some rare collectibles, which I am assuming are not your personal beat up car. And even then chance…
Re: 25 years of coding, and I'm just beginning
#39The small amount stuff that lasts over five years gets called legacy and is made fun of.
Re: 25 years of coding, and I'm just beginning
#40Earlier quoted context omitted.
I think PG said[0] it well: Suppose you own a beat-up old car. Instead of sitting on your butt next summer, you could spend the time restoring your car to pristine condition. In doing so you create wealth. The world is-- and you specifically are-- one pristine old car the richer. And not just in some metaphorical way. If you sell your car, you'll get more for it. In restoring your old car you have made yourself riche…
I'm guessing Paul Graham has never restored a beat up car to pristine condition. Your pristine condition car that will fetch you less than the new parts you put in when you sell it at what the market will pay for it. Restoring beat up cars to new state is a losing game unless someone pays you to do the work, except for some rare collectibles, which I am assuming are not your personal beat up car. And even then chance…