Yes. The original post that coined the term was using "vibe coding" to indicate how problematic it is to build software by generating code based on vague prompts.

But a lot of people didn't read the entire post and just thought the term sounded cool and used it as if it was positive thing.

Now we're seeing the negative impacts of vibe coding, just as the original post predicted. So it started as derogatory, somehow became something positive, but it's going back to being derogatory again.

My point entirely. It'll probably stick though. Ah well, I'm sure script kiddies were called far more derogatory things that didn't stick either.