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ETOPS is not new. The 767-200ER entered service in 1985. We live in the future you are alluding to. Your concerns have not been validated by reality.

The safest way to avoid aviation incidents is to not have planes at all. From there, there is a continuum of how much risk you want to take on.

If we add many safety bells and whistles to planes, it would mean nobody could afford flying. If people couldn't afford it, they'd use other transportation methods. Those methods might be more dangerous than flying. So it wouldn't actually increase the safety of travellers. Oceanliners and cars are far from 100% safe, for example.

ETOPS-like rules have been in use since late 70's. It is an evolving standard with different craft types being approved for different ETOPS. While some current frames are rated ETOPS 330 or 370, this type of operation began officially with planes allowed to do only 90-minute ETOPS.

If flying commercial over oceans, it is either ETOPS, A380, or a current type of 747 (747-8).