I agree we have more software than most people want, but I don't think bespoke software is the answer. Sure, that is an interesting new area that AI makes possible, but I don't think it's more than a niche because people don't fundamentally want software, they want certain problems to be solved, and if AI creates a custom solution and it doesn't work, they won't be able to get help from anyone. More fundamentally, there is value in standardization and polish on well-worn paths. Even if you're right and people do end up with personal AI driving everything, I still think the lower layers need to be standardized because of the nature of distributed data. For example, you still need to talk to your bank to get your financial state and automate any payments, and that stuff has to be rigorous, with strong consistency and accounting guarantees.

For these reasons, I think people are overestimating the end-state impact of AI. Right now the hype cycle is fierce, and it definitely changes the economics of producing software (with a lot of negative effects forcing adjustments in open source ways of working), but I don't think in the end state the core landscape of software changes all that much. Well worn and hardened infrastructure like the Linux kernel is infinitely more valuable than CRUD apps used with small user populations on the edge. User space libraries and frameworks fall somewhere in between. AI increases the volume of new software, yes, but I see it as mostly fractal bits filling in the margins.