yes. Software suffers greatly from "moral depreciation," losing value due to competition from new software. Microsoft and other software companies are always trying to make this happen faster if it means more demand for their new versions.
how does the NIPA count "moral depreciation"? (I don't mean the kind that happens on the Upper Left Side of Manhattan.) On Fri, Apr 25, 2008 at 1:01 PM, Carl Dassbach <[EMAIL PROTECTED]> wrote: > Interesting question - is software timeless. Not really, or we would and > could be using software written for IBM machines of the 50s or CPM machines > of the early 1980s. Software, whether applications or operating systems, > is to a large measure specific to hardware. You can not run CPM on a modern > computer and I doubt if you could find a usable CPM machine today, > Conversely, one of the problems with Vista is that it requires a hefty > processor and lots of memory and so you can't even run it on early Pentium > machines. So, I would say that software isn't timeless, it is historically > and technologically specific. > > CHAD > > > > Doug Henwood wrote: > > > > > On Apr 25, 2008, at 3:24 PM, Jim Devine wrote: > > > > > > > the main problem with seeing software as a type of capital good -- and > > > this applies to hardware, too, though to a lesser extent -- is that > > > software depreciates very quickly. > > > > > > > Hardware, yeah, but software is theoretically timeless. That aside, it's > conceptually a capital good, and not an intermediate good, as the NIPAs used > to classify it. > > > > Doug > > > > > > _______________________________________________ > > pen-l mailing list > > [email protected] > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
