I might be somehow miscounting, but it seems to me that for the slow implementation a loop iteration issues 6 instructions, for the fast one it issues 21, but it is unrolled 4 times (compare the loop counter increment), so it iterates one fourth of the times and for the whole loop it ends up actually issuing slightly less instructions.
edit: to be clear, I'm only arguing about two things that the original parent quitestioned: whether vectorization is not free (it is because wider ALUs require less instructions) and whether the second loop used more instructions (it does not as it is unrolled by 4).
I somehow got tripped up by the 4xSIMD. I was assuming you meant it's using 4x 64bit SIMD there which it doesn't. mulpd and addpd are 2x 64bit, also visible by the xmm instead of ymm registers.
I got sloppy on the difference between all instructions including the loop logic vs just the instructions necessary to do the main computation. Obviously the first is the correct measure and I was sloppy.
I think the confusion might be coming from mixing "instructions" with "operations", which are not equivalent especially since we are discussing SIMD which packs in multiple operations (single instruction operating on multiple data). If you re-read this thread and replace instructions with operations it makes more sense.
edit: to be clear, I'm only arguing about two things that the original parent quitestioned: whether vectorization is not free (it is because wider ALUs require less instructions) and whether the second loop used more instructions (it does not as it is unrolled by 4).