Earlier quoted context omitted.
Sounds like exponential growth of crappy software. I'm not saying that before we didn't have mass produced crap in SE, but now it will turn into explosive overflow.
We are living in a ZIRP-like era where builders at the fastest pace layer have misattributed their velocity to exponential gains in model capability. In fact, they are surfing on decades of careful effort to build a robust foundation of highly reusable software libraries. This strategy will seem to work really well until the economy that enabled that foundation to form is hollowed out. Then, there will be a reckoning…
There will only be a reckoning if models don't get much better.
If they do get much better you can just have them refactor, fix bugs in, or replace the existing codebase.
The concept of tech debt is sort of meaningless if you anticipate intelligence gains in models to continue.