The history of software is of course very very new. And the whole IT industry is really only 67 years old which is extraordinary and to be so close to the birth of a major new technology, a major new discipline is quite remarkable given where we got to in those 67 years. And the progression has been, not so much a progression as a stampede because Moore's Law, the rapid expansion in the power of computing and the rapid fall of the cost of computing and storage and communications has made it feasible for information technology to move into all sorts of areas of life that were never originally envisaged. What has happened is that there has been as I said a stampede for people to pick the low-hanging fruit. And that is what's guided the development of software and information technology over the past decades and continues to do so with a number of consequences that we will explore.
Looking into the history of software, remarkable progress has been made in IT industry within a short timeframe. Additionally, the expansion in the power of computing and the rapid fall of cost in computing and communication has made it feasible for information technology to move into all areas of life. Moreover, the software history over past decades has been outlined and analysed, which has important implications towards future.