I think there is a huge difference in what would be considered "fair use" in a commercial, value-generating software product. Fair use as I understand it usually applies to entirely personal use, or quotes used in an editorial, analysis, or critique.
If something I wrote, even just a few lines, is used to generate profit for someone else, and I did not permit that or place it in the public domain, I'm not sure a fair use claim would hold up. IANAL.
Fair use can apply to commercial or for-profit enterprises. You'll find that commercial enterprises are often disadvantaged by some of the factors.
For example, the first factor (purpose and character; transformative nature of the work) is often less transformative in commercial settings. The fourth factor (the effect of the use upon the potential market) is also often more challenging for commercial enterprises to get past.
However, there are plenty of commercial enterprises that rely on fair use regularly. News media is a very common commercial product that relies on fair use.
Copyright and fair use law is pretty much the same for commercial and personal products. If you can make a compelling case to a judge around those four-factors, it can be fair use.
However, when taking clippings from SO and using them directly in a software, you're going to have very hard time making a fair use claim — wether it's for a personal or commercial project.
