There is controversy around this idea. The game is certainly buggy and many similar open world games have also been buggy on release. However, a lot of the problems in Cyberpunk 2077 don't appear to be bugs. They appear to be active design decisions that were made as a shortcut on promised features. Here is a Twitter thread with some examples of design decisions that might appear as bugs to an untrained eye.[1]
It seems like CDPR knew they had an unfinished game and couldn't deliver it close to its release date. Management decided to do whatever had to be done to release a game in time for Christmas. This "open world games are always buggy on release" narrative plus some shady behavior surrounding how they handled reviews[2] allowed them to get largely great reviews and a huge influx of cash. Hopefully that provides enough capital to justify a long term commitment to finishing this game because it is doesn't appear to be a few bug fixes or performance improvements away from being the game that was promised.
[1] - https://twitter.com/jumpovertheage/status/133892916630199091...
[2] - https://screenrant.com/cyberpunk-2077-ps4-xbox-one-review-sc...