This is kind of dangerous. Something like this that is not tested can pretty much kill you if it fails in anyway. You’ll just fall to the ground from about 5 ft, which is often enough to do something bad to your skull.
Besides, this dad doing it for his son is probably taking more care and precaution than some nameless/faceless engineer.
EDIT: clarity
The Father here has done a fantastic job, I'm sure his son is thrilled to be able to take some steps -- also the low-tech tether from above solves the falling problem for the moment which presumably lets him get on with solving other issues.
Well done Dad!
Eg, this guy put his kid in a device that could kill him (maybe).
Looking back at the videos from Boston Dynamics, a ton of effort is put in to the failure mode testing. I highly doubt 1) this is dynamic, 2) failure modes were considered much.