Also, Brooks paper is still true, the only real, significant productivity boost is reusing existing code. Even if you rewrite everything from scratch, you will still have to carry the exact same amount of essential complexity. Managing complexity is pretty much the most important part of CS.
it is crazy that society hasn't collapsed yet
Like microservices, I feel code abstractions should be thought in a similar way, mostly a thing we use in our team, not company wide
In my own team I have to fight very hard to keep dependencies to external code down, the amount of entangling people are willing to put their code through is just crazy. An argument I often put is: "Why should we use lib X from team Y from my company if they don't even feel it is good enough to open source?". Any external code that my team imports into our project should be good enough it could be open sourced (given IP-rights allowing)
We have so many tools to help write good code that the short-term savings of shared libraries is superseded by having distinct codebases that can be modified without those dependency concerns. Same is true for finding bugs in many places and easily setting those up for maintenance releases.