Traditional RAG is a poor fit for this generation of LLMs, because it doesn't fit the "agentic tool use" workflow at all.

Self-guided "grep on a filesystem" often beats RAG because it allows the LLM to run "closed loop" and iteratively refine its queries until it obtains results. Self-guided search loop is a superset of what methods like reranking try to do.

I don't think vector search and retrieval is dead, but the old-fashioned RAG is. Vector search would have to be reengineered to fit into the new agentic workflows, so that the advantages of agentic LLMs can compound with that of vector search - because in current day "grep vs RAG" matchups, the former is already winning on the agentic merits.

"Optimize grep-centric search" is a surprisingly reasonable stopgap in the meanwhile.