I have a 4 year old, in my mid 40s, and think about this a lot for some reason. In the 70s during the summer, when I was around 7, we would wake up, eat breakfast, go out and about wherever we wanted, come back for lunch, out again, come back for dinner, and then out again past dark to play flashlight tag. I think I would be charged with child endangerment these days if my kid (3 years in the future) was doing stuff…
Has anyone considered that, like many things, maybe childraising knowledge has improved over time, and maybe it is true that it's dangerous and a bad idea to let them roam around far away unsupervised? It always seemed reasonable to me, even when I was that age myself. An anecdote is that the only bone injury I had as a kid resulted from riding bikes with some other kids who had a "fun idea" of biking down this steep…
I think we have made some changes for the better. I remember as a teenager I noticed all the metal jungle jims at playgrounds were gone. It made me said, but I realized it was probably because falling from one could injure or kill a kid; and today we see that many of them have come back, but in the much safer rope based variety with that cool recycled rubber matting under them.
There is something about risk that is important in helping people develop:
https://www.theguardian.com/society/2008/aug/06/children.pla...
Your own stories show you learned from your mistakes. Yes, you could have died, but you didn't. That action and memory create a different reality for you, and the way you view it deeply impacts the opinion you've presented here.