This is interesting to pull apart if anyone wants to add more id love to hear.
Right now Lovable has competition in the vibe coding arena. Like Replit for example. I found Replit to be better in my testing.
I think there is an interesting curve where software is generally worthless (see Github!) but software plus marketing/sales etc. is valuable. But if you have any kind of scale that software needs to be robust and AI can't do that yet.
So there is a weird evolving Venn diagram where the final app industry fits in. If one player can take it yeah they'll be the next Google but that's a big IF and a big WHO.