But in software? If management says you need to cut corners to get something out by an arbitrary deadline, well, you cut the corners or they'll find someone who will.
At the end of the day, you still work for them, so with enough "nos" they'll just fire you or assign you to projects which don't matter.
As an electrician for example, we have to check almost everyrthing with various tests and sign it with my name.
For me, the software world still looks and feel like wild west.
They'd have to replace you with someone else similarly certified.
Software certifications, afaik, are not like this, but instead are sort of like merit badges.
In any case, if PE was required to work in software, I wouldn't have had a job in the first place, so I'll always oppose these kind of efforts to shut out the outsiders and underprivileged people.
In any case, I can ASSURE you that it was comprehensive, and you have to "know your stuff" to pass it. I've been Microsoft certified, so I've seen this side too. If there were a similarly-reputable license in software engineering, there would NOT be "certification factories" to crank out people who can pass the cert test, and who can do little else. I don't know what the analogue for doing actual mechanical/electrical/civil engineering problems would be in the software engineering realm, but that's the KIND of thing that would have to be tested. It would require a working computer and internet access, and not a duffle bag of engineering textbooks, like I had. ;-)
If almost no one wants them, then they would pay very well and be in high demand, and that comes with lots of benefits and perks, and you can require the use of the best tools to ensure those disastrous outcomes don't happen. So yes, I'd take that job.
Consider existing professional certifications, like, for example, Cisco certification. How many top tier people have it? Some do, but in my experience, not many. Instead, they are overwhelmingly held by low-to-mid skill people, who see it as a ticket to a better job. Top tier people can easily get top tier job, and have no need to waste time on some certifications.