That's a physical layer, and as such should obviously have end-to-end ECC appropriate to the task. But the error distribution shape is probably very different from that of bytes in NAND data at rest, which is different from that of DRAM and PCI again.
For the same reason, IP does not do error correction, but rather relies on lower layers to present error-free datagram semantics to it: Ethernet, Wi-Fi, and (managed-spectrum) 5G all have dramatically different properties that higher layers have no business worrying about. And sticking with that example, once it becomes TCP's job to handle packet loss due to transmission errors (instead of just congestion), things go south pretty quickly.