"Almost no apps cover their development costs and software services only make money in "extremely unusual" cases, some proper engineers have told MPs."
The article goes on to reflect the view that:
"Some innovative software-based services have been commercialised extremely successfully – Facebook and Google being the leading examples – but the commercial model is extremely unusual, as it requires huge investment to provide free services so that a vast population of users is developed and monetised through advertising revenue and added-value services."
Perhaps the Internet is not a solid basis for economic growth, and the commercialisation of research?
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