> one way to look at the explosion of software development in the past  
> 30-40 years is that it is an industry lacking sufficient regulation and  
> thus a very lucrative area to do business. because there is no  
> regulation you can get some random idiot in whatever country to write  
> your code and there are no repercussions if the code blows up after you  
> sell it someone else, you cannot be held liable for using second-rate  
> labor to build your product.

> 3) Even the best tested and mathematically proven software (think IBM space
> shuttle code) has bugs.  I forget the exact cost because I don't have the
> paper nearby but the per line cost of the shuttle code was astronomical!  If
> all software cost as much per line, no one would own a computer, except
> maybe governments and multi-billionaires.

http://www.jstor.org/pss/1879431

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