Who should we fail and who should we bail?
It depends on the probabilistic outcomes and the value of one's output to our society.
For example, on one hand, we should not fail doctors who have made a mistake because we need good doctors to keep doing their job, mostly well. On the other hand, if a doctor is making mistakes over and over again, we should stop them from hurting people.
At the same time, if a restaurant in the neighborhood is failing because of low quality, we should let them fail and let a better restaurant take its place. The downside of letting a restaurant fail is much less than that of a doctor.