That's a good way of putting it, but I would avoid pinning this on "regulated industry" Rather, in good engineering practice the design and process, etc. is pa

That's a good way of putting it, but I would avoid pinning this on "regulated industry" Rather, in good engineering practice the design and process, etc. is part of the product. Regulated industries just put some expectations on what that means. This can be done well or poorly, but it's basically the intent. Don't read that the wrong way; I don't think every product benefits enough from good engineering practice to make it worthwhile - it certainly adds some friction and makes even "fast iteration" slower. On the other hand, it's absolutely the right way to approach things with high stakes for failures.