I feel like the current situation is temporary. LLMs are finding all the bugs. LLMs are also help fixing most of the bugs. Once most of the bugs are fixed, LLMs should be good at finding bugs before shipping them, the stream of bug reports will die down, and we'll be back to vulnerabiltiy reports being special. Further, the fact that bugs are so easy to find by LLMs means there is strong incentives to find ways to mi…
If all LLM reports were accurate, they'd be of any value. However, that's not what is happening. If you have even mentioned something about a bug bounty anywhere, waves of slop peddlers will flood you with fake reports marking every minor bug as a critical problem, hoping to catch a handful of dollars in the process.
These models do find some problems and may even provide decent suggestions to fix them (though they really want to add code above anything else, quickly leading to spaghetti if you accept it all). That's not the issue at the moment, and as long as people try to incentivize people to report bugs, the issue will remain.
I do expect this to be temporary, though. Not because LLMs will fix all the bugs, but because the flood of slop will shut down most public bug bounties.