That is a false-dichotomy. We can have something more in the middle, or at least less an extreme as "let cars just drive wherever without any tests and when it kills someone just say o well, that's progress".

In this particular case, Uber got a deal with the mayor (Governor? I can't remember) of the city to do testing, and it was clear the government bureaucrat allowed them to do whatever, and then coordinated with the police after Uber killed a pedestrian to fabricate evidence that looked like the woman came out of nowhere.

I would say that is really far from "endless oversight" and much more into the "just mow them down one at a time until you get it right" territory.