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Even if hardware tends to become a commodity over time, software seems, like music or poetry, to have infinite potential for innovation and malleability.
AG: Also I would say it becomes a commodity over time.
Similar(58)
Simon claimed commodity prices would drop over time.
Similarly, health facility surveys should be included, as they can provide valuable information on the quality of care and availability of commodities over time.
But the No. 1 driver of commodity prices over time is monetary policy," he adds, citing the 1970s as an example.
The results indicate that the real prices for many commodities have fallen, suggesting to the surprise of many that resource scarcity is declining over time.
The difficulty is that the relative importance of commodities changes over time.
The other is that commodities tend, over time, to move in the opposite direction from stocks, so they are a good way to bring diversification to a portfolio.
I'm still not sure that this signals anything more than expectations of a strong economic recovery, but Mr Hamilton offers a potential alternative explanation:The paper by Tang and Xiong proposes that the increased use of commodities as a financial investment accounts for the increasing correlation among commodity price changes over time.
AS economics professors will tell you, the value of a commodity invariably decreases over time.
Black and Tonks (2000) investigated the pattern of the volatility of commodity futures prices over time and revealed the conditions which support the Samuelson hypothesis.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com