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People took it seriously because that's exactly how a lot of LLM users think and exactly what they want 'coding' to be. Honestly I'm not even certain it is satire.

Because most people have the context-window of 10 tokens, they do not read further than the first sentence (or two).

I don't think it's tongue-in-cheek at all. It refers to a specific type of LLM coding, where you literally don't care about how bad the code is and just code stuff and hope it works. That's how I use the term, and that's why I use it rarely.