It's the Jarvis Effect.
For years we had people trying to make voice agents, like Iron Man's Jarvis, a thing. You had people super bought into the idea that if you could talk to your computer and say "Jarvis, book me a flight from New York to Hawaii" and it would just do it just like the movies, that was the future, that was sci-fi, it was awesome.
But it turns out that voice sucks as a user interface. The only time people use voice controls is when they can't use other controls, i.e. while driving. Nobody is voluntarily booking a flight with their Alexa. There's a reason every society on the planet shifted from primarily phone calls to texting once the technology was available!
It's similar with vibe coding. People like Yegge are extremely bought into the idea of being a hyperpowered coder, sitting in a dimly lit basement in front of 8 computer screens, commanding an army of agents with English, sipping coffee between barking out orders. "Agent 1, refactor that method to be more efficient. Agent 5, tighten up the graphics on level 3!"
Whether or not it's effective or better than regular software development is secondary, if it's a concern at all. The purpose is the process. It's the future. It's sci-fi. It's awesome.
AI is an incredible tool and we're still discovering the right way to use it, but boy, "Gas Town" is not it.