I'm pretty good at risk management. We have an idea. Based on the NTSB transcript of "let go!" repeated three times before a fatal, it's absolutely at least 1 for 2022. Based on my memory of the NAL reports, I think it's less than 20, for loss of control stall/spin during an instruction flight. So that's a bracket.
The racoon analogy falls apart because there's a flight instructor that's gone because he couldn't overpower or convince a student to give him control. We have multiple people who have related stories of having to wrestle control away from students who were headed to stall/spin. We're can say with certainty that it's possible for some students to overpower an instructor during takeoff or landing and stall/spin an aircraft.
It happens somewhere between 1 and I'd guess 20 times a year, in 2022, with a fatal outcome the same as any stall/spin, and that's near 100%. The current mitigating controls for the risk are a) explaining to the student that either pulling up in a stall or not relinquishing control when asked could kill them and b) overpowering the student. Neither of those are always successful. So, when your son/daughter the flight instructor goes up with a new student, probably they'll be fine. But maybe the student will kill them. We're not exactly sure how often that happens, at least once in 2022, partly because the resulting accident isn't survivable. But at most it happens 20 times a year, or whatever the number of yearly fatal instruction flight is, so it's pretty rare.
I don't think anyone is advocating control release for aircraft in general, that does present a lot of risks. I'm specifically talking about a system to disconnect the student pilot on primary training flights. I can calculate the times when that would be a problem, it's simple math - multiple the probability of the instructor becoming incapacitated in flight while the primary student is capable of landing by the probability of inadvertent activation of the disconnect system.
Now, is all the research required, cost, etc., worth it to save 1 to 20 instructors and students a year? Forever? Maybe not. But that's the calculation we're guessing at, and until then saying "yeah, it's a risk, but it's something you sign up for when you decide to teach people to fly. Suggest working out and selecting small framed students where possible."