Uh huh and who are these artisans multiplying value (not just selling but literally adding value) of software systems by 14x?
Suppose you own a beat-up old car. Instead of sitting on your butt next summer, you could spend the time restoring your car to pristine condition. In doing so you create wealth. The world is-- and you specifically are-- one pristine old car the richer. And not just in some metaphorical way. If you sell your car, you'll get more for it.
In restoring your old car you have made yourself richer. You haven't made anyone else poorer. So there is obviously not a fixed pie. And in fact, when you look at it this way, you wonder why anyone would think there was.
It makes me wonder, if we were to go full on Jurassic Park and clone some creature from 100mya, would it be able to thrive in today's environment? Would it have sufficient immunity, and be able to digest meat/plants from the present day? Even the alligators have evolved a bit since then.
Historically, the atmosphere was thicker and had a higher percentage of oxygen. Those dragonflies with two foot wingspans could not survive in the current atmosphere. Insects don't have lungs per se and the current lower atmospheric pressure and lower oxygen levels means you would need to basically give them their own pressure suit.
My general understanding is the same would be true for dinosaurs: Their lung design and large size would mean they would need life support to survive at all.
I've never restored a car to pristine condition but have kept quite a few on the road as daily drivers and they were certainly cheaper than buying a new car every three years or so by a huge margin. My current "clunker" is an '87 Goldwing that should be on the road in perfect driving condition with a few hundred invested in parts once I get around to working on it. Heck, might even get the neighbor to give it new paint since he offered "a good deal" a while back and still be ahead on resale value.
I realize this is missing the point, but this is why one should pick metaphors carefully.
[1]https://www.hindustantimes.com/lucknow/road-accident-deaths-... [2]https://www.forbes.com/sites/ronakdesai/2018/03/07/india-con...
Still remember the paper about the externality of bee farm and apple farm. Obvious issue of apple not paid the bee farm but no such issue - all paid and in fact have contract what kind of bees etc.
A bad economic example is bad example.
What are you trying to say? This sentence is nonsense.
But allegedly it turns out that in at least some cases where you have beekeepers and apple farmers near to one another they do trade with one another -- with e.g. contracts stipulating what sort of bees the beekeepers are going to keep -- and the market does do its thing, and the result is efficient allocation of resources.
Here's a paper by Steven Cheung about bees and apples in the Pacific Northwest. It claims (I haven't checked any of its empirical claims or its theoretical analysis): https://www.jstor.org/stable/724823
The business also takes on risk for paying software developers to develop products which may not be successful.
Selling is adding value. If you make something great and nobody uses it, how is that different than never making it in the first place? It would have no effect on the world and nobody would be better off because it exists.
Software adds value to the users and the users need to find out about it and be convinced to purchase it in order to realize that value. That's the case for any category of product.