I actually think it is eating the industry's lunch.
Now software is "eating" other industries from animation (like Disney's Pixar) to even agriculture and education.
Pending scarcity— driven by increases in global demand, and China's near-monopoly on the minerals market— could lead to prices that eat into industry margins, a slow down for clean tech projects worldwide, and diplomatic clashes between supplier nations (China) and buyer nations (U.S., Germany and Japan).
Technology, and specifically software, is now in a position to "eat every industry systematically," said Horowitz, leading him to quip (stealing a line from Marc) "dinosaurs were not in favor of being replaced by birds," as to how the older competitors see this transition.
Anxiety is eating at the industry at all levels.
Government needs to step in to stop an industry eating itself.
The disease of illegal drug use is festering throughout the nation, eating into every industry.
Solomon said, "There was a little part of us that felt like, since tech was a big part of eating the music industry's lunch, let's go make some money there".
"If you're the middle guy who has been eating off this industry for 20 years, it's a big change," said Mr. Blatt, 45, who recently sold the last of his Ferraris.
Airbnb and other home-sharing startups may be eating the hotel industry from the inside out, but as the number of people staying in strangers' houses rises, so too does the security threat the whole industry poses.
