Summary provided by ChatGPT:
Effective software development hinges on acquiring domain knowledge, as programmers and their managers must understand the practical realities of the industry to avoid building ineffective or unusable software; without such comprehension, software may not serve its intended purpose, highlighting the non-negotiable need for domain expertise in programming.
Domain knowledge is a force multiplier. Ideally you would have both lots of domain knowledge and a strong engineering team, but lack of one can be substituted with a lot of effort.
The caveat being that if you have the engineering side, the end result of the effort will probably be a bunch of domain knowledge 😅