I think most of the issues with "vibe coding" is trusting the current level of LLM's with too much, as writing a hacky demo of a specific functionality is 1/10 as difficult as making a fully-fledged, dependable, scalable version of it.

Back in 2020, GPT-3 could code functional HTML from a text description, however it's only around now that AI can one-shot functional websites. Likewise, AI can one-shot a functional demo of a saas product, but they are far from being able to one-shot the entire engineering effort of a company like slack.

However, I don't see why the rate of improvement will not continue as it has. The current generation of LLM's haven't been event trained yet on NVidia's latest Blackwell chips.

I do agree that vibe-coding is like gambling, however that is besides the point that AI coding models are getting smarter at a rate that is not slowing down. Many people believe they will hit a sigmoid somewhere before they reach human intelligence, but there is no reason to believe that besides wishful thinking.