Spolsky and the Future
Joel Spolsky's lengthy and profound meditiation on the future the the software industry is profoundly interesting.
The cornerstone of Microsoft's monopoly power and incredibly profitable Windows and Office franchises, which account for virtually all of Microsoft's income and covers up a huge array of unprofitable or marginally profitable product lines, the Windows API is no longer of much interest to developers.
Almost no Microsoft-watching is worth reading, but this is an extremely intriguing technological analysis that just happens to touch on Microsoft. Tim Bray comments.