I think you need some kind of source to back up the idea that IT or the software industry as a whole isn’t efficient.

Software companies have much higher profit margins than companies that ship physical products. There really aren’t many industries that do better margins than software.

To sell software, you don’t need a production facility, warehouse, nor do you even need an office building if you don’t want one.

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile...

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stego-tech 6 hours ago | parent [-]

…bruh. Literally the very first line:

> I will add some commentary from my subjective POV in IT:

Subjective is doing the carrying, there. I am admitting up front that this is specific to me, my career, and the specific life experiences I’ve had with it thus far.

Like…I won’t even entertain the rest of your comment if you’re not even going to read the entirety of mine before vomiting out an “UhM aHkShUaLlY” retort.

	▲	dangus 5 hours ago \| parent [-]
		Well, from my subjective POV, the earth is flat. The point of my comment is that a subjective anecdote from a very limited perspective isn’t telling a good story about why the industry is the way it is. You said these businesses aren’t efficient but they have extremely high profit margins, which objectively paints a different picture: they are sufficiently efficient. They are more efficient than most other businesses. All this financial risk in the industry where employees are over-hired and low interest rate VC funds are thrown around haphazardly is accepted because even a modestly successful software business has high profit margins. The investors that funded less than $10 million to Airbnb’s series A ended up a significant shareholder of a company that has the same market cap as PNC Financial Services in less than 20 years. PNC spent 180 years getting to that size. Software-driven products have huge profit potential and they can grow fast. If you think I’m being some kind of pedantic loser, fine, so be it. You can put the blindfolds on and ignore a data-supported viewpoint.