You couldn't possibly be more wrong. Neither the 12VHPWR and 12V-2X6 connectors were "off the shelf" -- both first appeared in use with NVidia graphics cards. Nor does PCI-SIG doesn't "set ratings" for individual components. The standard specifies a minimum specification, whereas manufacturers like Molex and Amphenol specify a maximum rating for components which are used to meet that specification. I rather doubt your claim that 12VHPWR type connectors are being used in "automotive and aviation", but even if true, if the manufacturer is rating them differently there, that's on them, and has nothing to do with PCI-SIG or their standard.
Again, you fail to understand. I'll illustrate with actual numbers. The standard specifies a per-pin rating of 9.5A and a sustained draw of 600W. If a pin fails when subjected to 9.51A, or a connector fails when supplying 601 watts, the safety factor is zero. Any reputable manufacturer will ensure a FoS substantially above 1 -- 1.3 or higher. In components where a failure could potentially result in the loss of thousands of lives (like aviation, for instance), they might demand a FoS of 2 or even 3. But again -- that's a manufacturer rating.
Some Youtube lackwits simple-mindedly multiply 9.5 x 12 x 6 = 684, divide by 600, and thus conclude the "safety factor" here is the 14% overage. But, despite your belief otherwise, the actual safety factor lies within the components themselves. Which is where it should be.
Actually, I was taking exception to the grammar and spelling, which was beneath me. I apologize -- however the proper consideration is indeed power. The standard specifies 9.5A @ 12V .. because V x I = power. These connectors could handle far more current at 1.5 volts than they can at 12.