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I wasn't expecting this level of naïveté from someone who claims to have "half a century" of experience in the industry.

The whole piece is a rehash of the protestant work ethic, and I'm not buying it. If society as a whole requires me to take direct and personal responsibility for some software I wrote, then I would have to require a payment worth the risk. In other words, if my software can take a whole company down, then why wouldn't I be paid as much as the CEO?

You make a valid point.

We already have similar things going on in the world, so maybe we can look at that first. Let's say a car mechanic fixes a car, but does it wrong. The car leaves, the next day it causes an accident due to whatever the mechanic did wrong. What is the mechanic's responsibility in this case? 100%? 0%?

Should that person go to jail for manslaughter? I don't know of instances where that happened, but it might have.