To me, this actually seems like no code might not have product/market fit - yet. There’s a quote I really like; “there is unlimited product market fit for selling 1$ for 0.9$”.
It seems that’s what v0 and competitors have been doing (co.dev just made the exact same move). All the people here in the thread scream how unfair this is, that Vercel is enriching themselves. Actually, you are now experiencing the pain that Vercel had. Your $20 subscription cost them $200 in credits. They have stopped subsidizing LLM usage and are now having you pay the $200. The question is - is there a market for paying $200 for $200 worth of AI coding?
And to everyone saying “you are now going to lose against tool XYZ” - what brought me to v0 was that co.dev introduced the same pricing model, just a week earlier. So go ahead, change to another tool. But all of them share the same underlying problem. All of them will eventually run out of money to subsidize LLM usage.
I’ve now gone from beyond excited to bear-ish on no code, at least until LLM prices come down 90%.