Fast & Cheap (but not Good?) - I wouldn't really say that AI coding is "cheap"
Cheap & Good (but not Fast) - Again, not really "cheap"
Fast & Good (but not Cheap) - This seems like maybe where we're at? Is this a bad place?
As for good. Well, how much software is really good? A lot of it is sewn together APIs and electron-like runtimes and 5,000 dependencies someone else wrote. Not exactly hand-crafted and artisanal.
I'm sure everyone here's projects are the exception, but engineering is always about meeting the design requirements. Either it does or it doesn't.
Eventually, it will be just Fast and Good. It won't be cheap, as companies start moving towards profitability.
Remember when Uber was super cheap? I do. They're fast and good though.