Interesting that a hundred years ago, when we needed the hardware of lights, and cars and combines and tools to develop our nation, we prospered long but when we focused on software, our "progress" is shortlived.
(I know, Finnish company, but my comment is still correct for us here)
I would say that is an unfair statement. Rapid growth can only continue for so long, and the world is far different now as well. American workers are treated far different now vs during the early 1900’s. We don’t have cheap labor like many countries do. The market is global.
What you say may be accurate, even profound, but we would not be reading your words without software. Lots of it.