In my opinion, opting for the circumflex (^) in the context of running 'npm install' by default may not be the most practical approach.
Automatically updating all packages to the latest minor versions with 'npm update' without clear notification can potentially result in catastrophic consequences for the entire project.
I can see the rationale behind defaulting to patch version updates (~), considering they typically contain significant bug fixes and security patches as per the semantic versioning definition.
What advantages would there be in making the circumflex the default option for ‘npm install package-name’?