There’s certainly an argument that the more physical the network is, the more difficult it will be to reach escape velocity. The flipside is that those who do reach escape velocity will have much stronger moats compared to their virtual network counterparts. A common narrative is that software has zero marginal cost, but rarely do we talk about how... See more

A service has constant administration costs which are paid by the service provider.

A library instead moves these costs to the users of the library.

For any developer with limited resources,

this means a library (where viable) can provide the same functionality to the user,

at a lower cost to the developer than a service.

By library, I mean any software... See more