The hardest problem in B2C is distribution. The hardest problem in B2B is sales. AppAmaGooBookSoft are AppAmaGooBookSoft primarily because they have mortal locks on distribution.
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Startups are (by necessity) filled with generalists; big companies are filled with specialists. People underestimate how effective a generalist can be at things which are done by specialists. People underestimate how deep specialties can run. These are simultaneously true.
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Most open source software is written by programmers who are full-time employed by companies which directly consume the software, at the explicit or implicit blessing of their employers. It is not charity work, any more than they charitably file taxes.
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The amount of money flowing through capitalism would astound you. The number and variety of firms participating in the economy would astound you. We don't see most of it every day for the same reason abstractions protect us from having to care about metallurgy while programming.
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CS programs have, in the main, not decided that the primary path to becoming a programmer should involve doing material actual programming. There are some exceptions: Waterloo, for example. This is the point where I joke "That's an exhaustive list" but not sure that a joke.
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Technical literacy in the broader population can be approximated with the Thanksgiving test: what sort of questions do you get at Thanksgiving? That's the ambient level of literacy. Serious people in positions of power eat Thanksgiving dinners, too. Guess what they ask at them.
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Salaries in the tech industry are up *a lot* in the last few years, caused by: a tight labor market, collapse of a cartel organized against the interests of workers, increasing returns to scale at AppAmaGooBookSoft, and the like. Investor money *does not* pay most salaries.
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This concludes, for the moment, an off-the-cuff list of things which would otherwise be too obvious to bring up in conversation. Meta thought: you radically underestimate both a) how much you know that other people do not and b) the instrumental benefits to you of publishing it.
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Could you go into more detail on this? What are these low-hanging fruit?
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This one wasn't very clear, care to elaborate? 'Weak-form efficients'
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The efficient market hypothesis is the idea that all the good money making opportunities get snatched up extremely quickly, and any one individual shouldn’t expect to be able to find it.
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