Can Software Developers Meet the Need?

The pressure of “get it all out now, cut quality to do so” had reduced most developers to unskilled, unprofessional, angry drones. The larger the organization, the worse the situation as “mediocrity scaled.” Organizations whose software is only five years old are already crippled by technical debt.

Scathing synopsis of big companies and the software industry at large by Ken Schwaber. What's your experience been?