Somehow civilization continues to function!
Makes me a bit less terrified that untested vibe coded slop will sink the economy. It's not that different from how things work already.
It was an institutional failure, and the software involved had hundreds of millions of pounds spent on it and was built by supposed professionals.
Or if you want compare vibe coding with any technology, like electricity. Sure, that one person got electrocuted or their house burned down. But it's just so useful, and "somehow civilization continues to function". I guess they should've known better.
I'm personally not comfortable hyping up the benefits whilst ignoring the risks, especially for lay people.
We are not ignoring it. It is just not an example of a load bearing excel sheet.
The difference is those spreadsheets were buried on a company internal fileshare and the blast radius would be contained to that organization.
Today vibe coders can type a prompt, click a button, and their thing is exposed directly to the internet and ready to suck up any data someone uploads.
(This paper was extremely influential in pushing austerity policies of questionable efficacy during the financial crisis.)
We don't want _more_ of this.
Citation needed, I think.