That's great for software that runs on your computer, it's not so great for software that runs on a car and can kill people. Regulatory bodies exist for a reason, onerous though they may be.
Edit: I'm actually curious now that I think about it. Are there any good examples of hacker projects (or specifically projects that aren't intended to make money or pay people's salaries) that had to deal with any sort of regulatory hurdles?
This is a depressing comment. I'm assuming the parent comment is talking about GNU, Linux, the variety of userspace software from Unix times... not node.js template systems.
Linux didn't become particularly useful or relevant until folks spent a whole lot of very businessy time and money on it. That's why RedHat even exists (not that they were alone, but they survived).
GNU wasn't hackers in the meaning of 2010s hackers. It took smart individuals and years to come up with something tangibles. Same for Linux.
I cannot compare anything in the casual software world, no matter how complex it is, to driving a car in streets. It's bridging physics and AI. Maybe hotz has a point and other SDV module vendors are as fake but that's irrelevant.
I've a friend that has a comma neo with openpilot and it works enough well. Is not perfect, but they are on something.
The best projects that we know today were made by hackers with 0 enterprise skills.