I think my failure here is that I did not fully explain, that this applies mostly to the corporate environment of technology companies, where the risk of failure is much, much smaller and you distinguish yourself from the rest by having appetite for risk.
I of course totally forgot, that there is a whole startup world and convincing people to chase moonshots without any risk analysis should be indeed illegal. Young entrepreneur: YOU SHOULD WEIGH YOUR RISKS BEFORE YOU GO INTO THE WILD!!
In fact, to a large extent, I think this is a huge part of what senior engineering is all about. If there are table stakes things to be done that will make a big impact, you want to learn how to communicate that, negotiate implementation against roadmap, and then qualify and quantify the impact after executing. I believe and have observed what makes much of corporate software engineering so lucrative is the value you can add with relatively low risk. So, to court risk is give up a systematic advantage. It seems to be quite backwards to me.