The fundamental insight of modern democracy, is not 1 man 1 vote, but that of balances and checks against power.
1 man 1 vote does not lead to the wisest or most long term of decision making, however, without it, the natural tendency is for the politician class and the wealthy to coalesce into one, with money reinforcing political power, and vice versa, sucking away any vitality in society.
In the US, as well as in many countries, its been shown again and again that money cannot simply buy the vote of every person. And there mass voting already demonstrates its power.
This principle extends to every facet of society. Company executives are checked by the board, the board checked by the shareholders, the shareholders checked by each other (the US allows shorting stocks for a reason).
I therefore find it questionable that a bunch of unchecked software engineers will lead to very good outcomes. No oversight, no pressure = freedom to pursue creativity and outcomes? Or merely idle hands? When people were proposing working multiple remote jobs during COVID, was that people being smart, or unethical behaviour being tolerated and justified?
Now the pendulum swinging too far back into the other direction would also be bad. See what happens to Boeing when engineers get completely subjugated by MBA management. But software people should not treat the exhortation to work a full 40 hour week as being whipped by slaves.