Securities

How permanent should software be?

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Danny Crichton While the annals of history are rightly littered with the names of the inventors of wondrous technologies and breakthrough products, the true value of these innovations is only fully realized when they become widely accessible. Electricity, computers, genetic sequencing and thousands of other major advancements have only had their extensive effect on society after they became naturally ubiquitous. I recently published a post on “Securities” about how the world needs more investments in capabilities and not markets, writing that: Products that at first seem to have utility only to a small set of customers suddenly connect with markets no one had ever thought about. It’s a pattern I’ve seen the last few months across at least satellites and space, biotech, web3, enterprise infrastructure, autonomous vehicles, and silicon.

[Guest’s full name] While they may be most recognized from our experiences at hospitals, CT scans are also used in some industrial applications, like manufacturing. However, they are extremely expensive, and the software to manipulate them relies on decades-old user interfaces. As a consequence, the vast majority of industrial inspection is still conducted exclusively on the exterior of objects through metrology (think calipers to measure external dimensions), and more recently, with 3D scanning.

Danny Crichton While the annals of history are rightly littered with the names of the inventors of wondrous technologies and breakthrough poducts, the true value of these innovations is only fully realized when they become widely accessible. Electricity, computers, genetic sequencing and thousands of other major advancements have only had their extensive effect on society after they became naturally ubiquitous. I recently published a post on “Securities” about how the world needs more investments in capabilities and not markets, writing that: Products that at