Earlier quoted context omitted.
No, creating a block of machine code bytes to execute would be a privileged operation. All code would run through a privileged CPU-specific compiler first, and there'd be no way to run raw machine code bytes otherwise. If there are bugs that can be exposed through various machine code patterns, the compiler can centralize the restrictions of what may be executed, enforce runtime checks, or prevent certain instruction…
> no way to run raw machine code bytes otherwise [...] restrictions of what may be executed, enforce runtime checks, or prevent certain instructions from being used at all [...] everything optimized for your environment better, allow much better compatibility across systems and prevent entire classes of privilege escalation issues. So... basically re-inventing Java? :) "Raw machine code bytes" aren't distributed but…
A privileged process (the microcode) enforces restrictions and converts it to micro-ops which execute on the real processor.