Regulatory capture is a risk. The FAA allowed the max to be certified, and resisted grounding it after accidents. That is terrible, and there were congressional enquiries and legal settlements in the billions for Boeing - including several specifically for manipulating and misleading regulators. That all sounds like an argument for better regulatory oversight rather than no regulation.

I wasn't against regulatory oversight.

I was mentioning that it's a system as flawed as everything else if you just expect it to work.

Also I'd like this kind of direct life threatening decisions to become criminal charges (not just fines) for the ones signing them off, please, including in software regulations.

There was absolutely nothing wrong with the software on the 737MAX. It failed because of systems engineering, not software.

Agreed. Software doesn't happen in a vacuum tho.