There are software engineering domains, like aerospace, where the process is very stringent with rigorous planning and testing.
There are others, like consumer app development, where there's simply no need for that kind of process, so it doesn't exist. HNers might complain, but average people don't care if their social media app crashes once in a while and they have to restart it — so why should developers care? Better to spend their time on other stuff. Whereas people care a lot if their airplane crashes.
I don't think it suggests anything about the relative value of working in those domains.