1/ memory safety is the unachievable holy grail of safety ;
2/ there is a magic bullet somewhere that can bring about the benefits of memory safety, without any of the costs (real or expected).
In practice, the first assumption is wrong because memory-safety is just where safety _starts_. Once you have memory-safety and type-safety, you can start building stuff. If you have already expended all your cognitive budget on reaching this point, you have lost.
As for the magic bullets, all those I've seen suggested are of the better-than-nothing variety rather than the it-just-works variety they're often touted as. Doesn't mean that there won't ever be a solution, but I'm not holding my breath.
And of course, I've seen people claim more than once that AI will solve code safety & security. So far, that's not quite what's written on the wall.