Both interpretations are very logical. Proving one right does not prove the other wrong. There are people from all part of the world and in different disciplines, their convention or in this case more of instinction will differ.
The problem is no one has the authority to universally decide which interpretation is "right", it is just a short ASCII string with no context at all. If you are a math teacher you can probably force the interpretation in your class if they want your grade. If you design your own programming language or calculator you can specify how this should be parsed by your grammar. If your are a journal editor you can write a guideline or probably best reject the paper and tell them to get an equation editor. But none of this hold across all field. If International Mathematical Union passed some resolution regarding this, maybe people will respect it, but remember what happened when they say Pluto is not a planet.
Judging from the poll, I would say there is no "now common way of interpreting it". 80% is not common enough. If your project have a simple but important expression that only 80%, or 20% qualified worker that can get it right by instinct, you are going to loss money, lives, and have a bad time.
Conventions regarding these less used subjects evolve very slow because we shun them. Sane usage will produce same result for both interpretation so we normally don't have to debate over it. I think the "more common way of interpreting it" is "Don't do this". Make your expression/program easy to do right and hard to do wrong. I personally add parenthesis whenever in doubt, split complex expressions into smaller steps, and even add a link in the comment to the actual human-readable equation. I've wrote an C++ compiler and don't even remember the operator precedence, I consider those knowledge dangerous to rely upon.
This expression is just like the gold white/black blue dress. People are crazy about it because they think "this is so simple how could you get it WRONG". In the end it was just a badly taken photo.
Your answer is correct, but mine is MORE correct[citation needed].