Generative AI has driven the cost of building software toward zero. “Vibe coding” lets a founder with an idea and a weekend ship a working product, and the start-up landscape is being reshaped accordingly. It is tempting to read this as Joseph Schumpeter’s “perennial gale of creative destruction” blowing harder than ever, and to cheer the Silicon Valley creed of “move fast and break things” as its natural expression. This article argues the opposite.
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