I don't particularly see this as an indictment of the industry, rather, it's an indication of the risk-benefit trade-off that most people are willing to make. A little risk, a lot of functionality.
Put a different way; driving is WAY more of a risk, but it doesn't seem to stop people doing it.
We've mostly gotten rid of Java and Flash at this point. That seems rational. The investment in browser (and JS engine) security at this point is massive. If you've got missile launch codes on your computer or something, by all means, don't browse! (or browse with JS disabled, or use Qubes, or otherwise sandbox your browser).
Realistically, at any given point in time my browser IS vulnerable - but on the other hand, my CC details and DOX aren't worth burning a reliable 0day on, so I'm cool with JS enabled.