That's really a pretty broad topic, as the objectives of genetic engineering range from improved food crop production to human diseases. It definitely needs more consideration by all researchers. But, to the point of risk analysis and "skin in the game", I'd refer to the old practice popularized in some movies of the intrepid researcher doing the tests and using the process (whether food or medicine) on THEMSELVES before anyone or anything else! If YOU don't want to take the risk of implementation, you shouldn't be asking anyone else to do so either.