Yes, we have swung too much towards the bureaucrats but I'm not sure throwing out everything is solution to the issue.
Move fast works great when it's B2B software and failures means stock price does not go up. It's not so great when brand new jet acts up and results in crashes.
Oh yea, F-35 was built with move fast, they rolled models off the production line quickly, so Lockheed could get more money, but it looks like whole "We will fix busted models later" might have been more expensive. Time will tell.