Originally Posted by
gsa103
There's no significant concern. Your front wheel is slightly more prone to locking up because of that spot, but the difference is pretty marginal.
Front wheels don't lock up unless you're on ice or somebody jams a frame pump in there.
I don't see where the OP said how old this wheel is - this effect gets worse as the sidewalls wear thin, so if it was fine until recently it would merit a good inspection.