Who is liable in case of accident (financially and legally)?
The car (no legal existence), the algorithm (no legal existence) a developer doing a library that fails and has been used without is knowledge (nop), the developer integrating without control (nop), the scrum master who pushed a bad choice? the financial director for not caring about the cost of risks? The CTO .... no one is liable. Liability is diluted.
Who will pay when people will die?
And given VW dieselgate, RSA weakening of crypto, the actual world does not seems to support software engineers caring about their users or regulations.