David Rosenthal: belief

Transcript context

…Of course, if you own the hardware, you definitely think of it more of like, well, we ship them, the big cabinet of things, we install it, and we fix it if it's broken, but we've sold them hardware. The software is required to run it, but the thing we sold them is the hardware. If you're a pure software company, you think about the world differently. You're like, well, I can always ship you another CD, another floppy disk, over the Internet. It's obviously very different. But because there weren't really software companies before them, of course people didn't come from that mindset. I think you still see the legacy of this right to this day in Apple versus Microsoft. Apple still is on a yearly software release cadence, which is ridiculous. Whereas Microsoft is on the cloud, it's all constant. It's all constantly shipping. Look at AI, look at OpenAI. The software is never done so deeply in the software business model. That's true.…

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