That's not a practical but a moral one. Practically speaking, the errors would be extremely rare and the gains for the whole society massive.
But at least the question "how is that acceptable?" is in fact a question of a moral nature. It's unacceptable, but it is unacceptable because it is immoral.
While I don't like the death penalty I don't think it's that different from a very long sentence. I don't think it makes sense to say that any punishment needs an absolutely perfect error rate.