Not necessarlly, Lot of hi level programing language have this already implemented. eg in .net: On Error GoTo, Try, catch, etc...
Same could be done for HW. If something external happened then you need unconditionally goto something, and start program from known place.
It is not easy to implement, by any means. But it could very useful.
What longpole001 have exactly on his mind, I can't tell...
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