Binder
The nature of software
What software actually is and how it behaves. Accumulation, fragility, economics, and the AI scaffold.
Software accumulates - every line shipped stays, and maintenance compounds like debt. Confusing that for inefficiency is a category error; the real waste is local optimization without a unifying yardstick. CFOs miss the physics underneath, which is why so many software companies break under their own weight. The companies that survive understand they are fragile dandelions - belief is the operating system, not capital.
The work itself is not exotic. Most teams fail at the basics, not for lack of advanced technique. The compounding advantage comes from platforms - the first product pays the freight, and every product after goes faster. The same principle holds in AI: the model is interchangeable; the scaffold around it is what creates the value.