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In this context I take "tech" to mean software, as in arbitrarily scalable with an exponential growth curve. (Not that that can last forever in software, either, but it is growth potential that drives valuations.)

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While you're not wrong, aliasing tech (or even "high-tech") to mean exclusively software seems quite insulting to the rest of technologies.

Here’s a proposal:

“Technology” means the same thing it always has, but the abbreviation “Tech” is slang for computing, the subject of the current industrial revolution.

Here's an even better proposal - lets try immeasurably hard to stop re-inventing words and maybe use words that people would generally understand without an accompanying definition. Where, for instance, software actually means software and tech actually means technology. :p

That's very nice, but "Tech" sometimes means an industry now, not the technology itself. Same for software. There is software the code, and Software the industry. Nobody invented a new word, but we have to understand what we're talking about in context.

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