The video discusses Satya Nadella's (Microsoft CEO) prediction that software applications as we know them are going away in favor of agents. This is a huge statement that has vast implications for the future of software development. Specifically, Nadella argues that agents will eventually replace all business applications (including Excel). He believes that the future of software development will be based on agents interacting directly with databases. This means that there will be no need for the traditional application stack, which includes the user interface, business logic, and database. Instead, agents will be able to access and manipulate data directly, without the need for a human to write code. This has significant implications for both businesses and developers. Businesses will need to adapt to this new paradigm by investing in AI and training their employees to use agents. Developers will need to learn new skills and tools in order to create and manage agents. The video also discusses the potential benefits of this shift. Agents can automate many tasks that are currently done by humans, which can free up employees to focus on more strategic work. Additionally, agents can help businesses to make better decisions by providing them with access to more data and insights. (summary assisted by Gemini 1.5)