Well of course someone decided it was a good name for a programming library a few years ago.
Does this mean we’re going to change the name of Game Blocks? No, not really. Like how GameBlocks LLC is clearly not a software product, Sheldon Pacotti’s Game Blocks is also clearly not a software product.
If too many more Game Blocks-type things turn out to already be in existence, we might tweak the name a little bit. Like how GameMaker became GameMaker Studio partly to avoid confusion with other products called Game Maker and Game-Maker and so on.
Anyway, if you’re into Scratch, you might want to check out the Game Blocks programming library. Completely different thing to our Game Blocks.