It might not be a bubble, but what you are describing (which I agree with) is not stable. At the moment there is a boom in software development because there is

It might not be a bubble, but what you are describing (which I agree with) is not stable. At the moment there is a boom in software development because there is a lot of software to build. But, as the industry stabilizes, we will find that once we have built the software, then the software is already built. At some point in the future, there will be an inflection point where there is simply less software work to be done today then there was yesterday. I don't know when this inflection point will happen, but it will happen.