The Missing Software

Short summary

Vercel makes the case that software development's primary constraint has been the sheer cost of writing code. With AI agents substantially reducing development costs, projects previously economically unfeasible now become viable to build. This shift could unlock creation of what Vercel terms 'missing software'—applications that should exist but were never practical to develop.

• •Cost of code-writing is the historic bottleneck to software development
• •AI agents reduce this cost barrier, making previously unfeasible projects viable
• •New economic model unlocks creation of applications that should exist

Generated with AI, which can make mistakes.