There's a way in which it can definitely cgeapen things.
When you are vibecoding or vibe engineering, you're moving so quickly that it's difficult to evaluate what you're actually building and why. This often significantly reduce the quality and usefulness of the result.
It seems very difficult to mitigate, even if you were aware of the phenomenon. I think that the speed alone plays a large role. I'm not sure how one can build quality products without careful reflection and thoughtful iteration throughout the process.