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This is the problem with such mottos. "Move fast and break things" means exactly that, i.e. move fast and break things. It's just a catchy soundbite, nothing else. It's up to every one of us to fill in the missing meaning; therefore everyone arrives at interpretations he/she likes, which might not be the same interpretation as anyone elses.

And in the "ships CDs" camp, we have Adobe and Microsoft, long held as bastions of robust, stable, well-tested software.

There are other camps too. Like software consulting firms building software for large enterprises like banks, insurance companies etc. The consequences of breaking things are all written down in very exact legal terms. It is not at all fun when a regression bug shows up.

Perhaps, but when it's applied companywide, it's a bad idea.