Oh, and a cheap bridge rectifier and some signaling resistors to take care of input polarity and signal to the source that we in fact want the approximately 50V that could hurt a device not made for it.
That’s not a cheap buck lol. Order of magnitude more expensive then 12v not even mentioning capacitors that can withstand 80v is $$$ and your derating goes to shit
How much of the complexity is a “fundamental electrical engineering problem” and how much of it is just a spec written to solve a different set of problems?