At the moment, the economics of software are out of whack. It's not about agentic replacing traditional painstakingly coded applications, but more about the massive influx of capital, and the subsidies from the newcomers to try and gain ground and demonstrate aggressive growth. In the early 2000's, Facebook's growth was described as "selling dollar bills for 90 cents." That is where we are now. Nobody will know for sure where all this lands until companies have to demonstrate their worth through real profits and stable growth.