Your post indicates that you're 49 years old, Peter, but I doubt that given your Gen Y statement within your post.
So all those aircraft registrations look after themselves I guess?
All the AOCs need no oversight, I guess?
All the regulatory services (amending ops specs etc) happen automatically, I guess?
All of our airports need no oversight either, I guess?
Manufacturers of aircraft parts can be left to their own devices, I guess?
Nothing ever goes wrong in engineering, so Aircraft repair and maintenance organisations need no oversight either, I guess?
850 may not be the right number, but statements like those above just show ignorance!