I agree with all the points you've made, but I would add that the PMs and managers and directors and whatnot are never that keen to help engineers out on this front.

It is a rare person indeed that can do software development and think (and talk) in business terms. As a dev, being able to talk in business terms about the problems you face in creating software is really, really handy.

But I can count on one hand the number of POs, directors, managers that want to engage in that conversation with developers. Most of the time a solution is thrown over the wall and developers are told to build a thing.

An actual conversation about a business problem between the people that actually have the problem and the people that will build the software that (hopefully) solves it happens way, way less often than it should.