NEW YORK, April 3 -- The Manhattan Institute issued the following excerpts of a commentary on April 2, 2026, by senior fellow James B. Meigs to the Wall Street Journal:

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Hardware Is Back

Tech giants now want to build for the physical world.

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"Software is eating the world," digital-tech pioneer Marc Andreessen proclaimed 15 years ago. American industries might once have been built out of steel, concrete and oil. But . . .

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