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My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are poised to take over large swathes of the economy.

Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.

I want to see us remain convinced that software matters in the future.

We have most of the software industry running Autonomy.

If every sector of business and society will be driven by software - how does that get enabled? By highly-paid computer scientists funded by risk capital in Silicon Valley? Or by lots of engineers who can build it themselves?

No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult.

Corporations have been killing the risk-taking and exploration that makes software great. They have tried to rip the soul out of development.

In short, software is eating the world.

There's nothing more frustrating than seeing cynics sit there and say, 'Well, nobody can make any more money because Microsoft and Intel own everything.' Is the software industry mature, or is it embryonic? I would say it's embryonic. There will be a hundred more Microsofts, not just one.

Just like the Internet has transformed the media industry or the e-commerce industry, the software industry is also being affected dramatically by the Internet.