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He is a qualified elec eng though, he's just found a non-engineering job that pays a lot more.

Software engineering is real and does require you to have a real understanding of risk (including through formal methods, model based design, systematic testing etc) in regard to the consequence. If you work in a more regulated industry (e.g. railways, aviation, automotive) these things are taken more seriously. This is why things like 'partial autonomy' driving needs more regulation -- no one is requiring Tesla to have a Chief Engineer sign off on anything meeting any standard.



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