I'm not expressing an opinion on live-coding interviews or the choice between them and probationary periods. I'm changing the subject away from the original subject -- or rather I would be if "just hire devs and kick them out if they dont fit ur needs" hadn't already done so.

I was just pointing out that your "that wouldn’t be caught in a live-coding interview either" does not shed any additional light on the topic I personally am interested in, namely, the choice between a free market in labor and legal regime that grant employees some job security.