It really depends on the end goal. For personal tools that one uses, LLMs are extremely useful. But publicly used software doesn't only need to be written - it also needs to be maintained. And considering that it's extremely easy to implement features that are not used, vibe coded software tends to be, in best case, a mixed bag, and in worst (I believe typical) case, quickly abandoned.

Vibe coded software is the modern equivalent of the shovelware of the 90s.

Vibe coded software is the modern equivalent of the shovelware of the 90s.

I don't think so, especially as the latter was attempting to make a profit but this clearly wasn't done with a for-profit motive in mind.