Remember: regulations are written in blood. You can't simply build things willy nilly. The Grenfell Tower fire is a recent and stark reminder of what happens when you don't apply a lot of trained and expert input into things.
The reg that says I cannot raise my roof 6 inches to squeeze in a loft conversion because then it won't be the same as my neighbours is just a hangover from the 50s...
This isn't software where you can put it in a Docker container. There's a reason why everything requires planning approval in almost every big city in America: lives matter. People matter.
That's why they say regulations are written in blood. People have lost their lives so that we can have the rules and regulations that keep our standard of living so high.
We need more regulation, not less. OceanGate has just reminded us of that. We should take five souls worth of lessons to heart.