I understand that, though I wouldn't stop. I'd just go much slower and radically change my methodology. Failures in other engineering domains come with massive legal consequences, and they have for a very long time. In mesopotamia if a house collapsed and killed someone inside, the builder was put to death. People still built houses in the hundreds of thousands.

It really just introduces a legal burden to prove competence and work in good-faith, and nets immense power to throw out ridiculous deadlines. Your managers are legally responsible too, and if they push beyond what's reasonable you have just cause to bring them to court in a way that you currently don't. To re-emphasize, I don't think this is a better world, but it's not unlivable.

Well, one scenario would be that everybody who writes code would do so for money.

Take my friend who is a property lawyer. The firm she works for buys her insurance, because it would be insane to operate without insurance, but the only available insurance is personal insurance, it insures a specific person to do property law. So, although her day job is helping that $100Bn farm equipment company buy a $10M new factory from a $100Bn construction firm, at the weekend she is covered by that same insurance when she represents her friend buying a $500k cottage. AIUI this is a completely normal arrangement.

If that was the situation for programming, the company is going to buy your $100M exploit insurance because they need a programmer, but it's personal insurance so you could work on your Game jam game using the same insurance, and it'd be crazy to just "Go commando" if you don't have employment and thus insurance, in case somehow your "Galaga but also Blue Prince and somehow a visual novel" Game jam entry causes a $10M damages payment.