my_function (): Unit can AllErrors =
x = LibraryA.foo ()
y = LibraryB.bar ()
The first thing to note is that there is no indication that foo or bar can fail. You have to lookup their type signature (or at least hover over them in your IDE) to discover that these calls might invoke an error handler.The second thing to note is that, once you ascertain that foo and bar can fail, how do you find the code that will run when they do fail? You would have to traverse the callstack upwards until you find a 'with' expression, then descend into the handler. And this cannot be done statically (i.e. your IDE can't jump to the definition), because my_function might be called from any number of places, each with a different handler.
I do think this is a really neat concept, but I have major reservations about the readability/debuggability of the resulting code.