I think there is plenty of demand for software but not enough economic incentive to fulfill every single demand. Even for the software that is being worked on, we are constantly prioritizing between the features we need or want, deciding whether to write our own vs modifying something open source etc etc. You can also look at stuff like electron apps which is a hack to reduce programmer dev time and time to market for cross platform apps. Ideally, you should be writing highly performant native apps for each.
IMO if coding models get good enough to replace devs, we will see an explosion of software before it flattens out.
IMO if coding models get good enough to replace devs, we will see an explosion of software before it flattens out.