Chamath says software IP is now worthless; Bittensor pitches incentive computing
bittingthembits · x · 2026-10-11
On the All-In podcast, Chamath claimed someone decompiled, distilled, and open-sourced Adobe's five core products, arguing that IP and software have been rendered effectively worthless as services go headless and code becomes free to copy.
The reposter uses this to promote Bittensor ($TAO): open subnets where miners compete, validators score outputs, and only the best gets paid, with each winner becoming the next baseline. As agents become the customers—buying compute, storage, inference, and verified output on price and performance—the moat lies in incentives that keep producing better software, a thesis the author calls "incentive computing." The post carries clear crypto-token promotional intent, so treat the framing with caution.
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