I have reproduced on python3.10 and validated this is also happening for other python versions:

# PYTHON 3.9
$ mkdir /tmp/bar
$ cd /tmp/bar
$ rmdir /tmp/bar
$ python3.9
Python 3.9.5 (default, May 19 2021, 11:32:47) 
[GCC 9.3.0] on linux
Type "help", "copyright", "credits" or "license" for more information.
>>> import inspect
>>> inspect.getouterframes(inspect.currentframe())
Traceback (most recent call last):
  File "<stdin>", line 1, in <module>
  File "/usr/lib/python3.9/inspect.py", line 1529, in getouterframes
    frameinfo = (frame,) + getframeinfo(frame, context)
  File "/usr/lib/python3.9/inspect.py", line 1499, in getframeinfo
    filename = getsourcefile(frame) or getfile(frame)
  File "/usr/lib/python3.9/inspect.py", line 709, in getsourcefile
    if getattr(getmodule(object, filename), '__loader__', None) is not None:
  File "/usr/lib/python3.9/inspect.py", line 738, in getmodule
    file = getabsfile(object, _filename)
  File "/usr/lib/python3.9/inspect.py", line 722, in getabsfile
    return os.path.normcase(os.path.abspath(_filename))
  File "/usr/lib/python3.9/posixpath.py", line 379, in abspath
    cwd = os.getcwd()
FileNotFoundError: [Errno 2] No such file or directory

# PYTHON 3.8
$ mkdir /tmp/bar
$ cd /tmp/bar
$ rmdir /tmp/bar
$ python3.8
Python 3.8.10 (default, Sep 28 2021, 16:10:42) 
[GCC 9.3.0] on linux
Type "help", "copyright", "credits" or "license" for more information.
>>> import inspect
>>> inspect.getouterframes(inspect.currentframe())
Traceback (most recent call last):
  File "<stdin>", line 1, in <module>
  File "/usr/lib/python3.8/inspect.py", line 1503, in getouterframes
    frameinfo = (frame,) + getframeinfo(frame, context)
  File "/usr/lib/python3.8/inspect.py", line 1473, in getframeinfo
    filename = getsourcefile(frame) or getfile(frame)
  File "/usr/lib/python3.8/inspect.py", line 708, in getsourcefile
    if getattr(getmodule(object, filename), '__loader__', None) is not None:
  File "/usr/lib/python3.8/inspect.py", line 737, in getmodule
    file = getabsfile(object, _filename)
  File "/usr/lib/python3.8/inspect.py", line 721, in getabsfile
    return os.path.normcase(os.path.abspath(_filename))
  File "/usr/lib/python3.8/posixpath.py", line 379, in abspath
    cwd = os.getcwd()
FileNotFoundError: [Errno 2] No such file or directory
Error in sys.excepthook:
Traceback (most recent call last):
  File "/usr/lib/python3/dist-packages/apport_python_hook.py", line 76, in apport_excepthook
    binary = os.path.realpath(os.path.join(os.getcwd(), sys.argv[0]))
FileNotFoundError: [Errno 2] No such file or directory

Original exception was:
Traceback (most recent call last):
  File "<stdin>", line 1, in <module>
  File "/usr/lib/python3.8/inspect.py", line 1503, in getouterframes
    frameinfo = (frame,) + getframeinfo(frame, context)
  File "/usr/lib/python3.8/inspect.py", line 1473, in getframeinfo
    filename = getsourcefile(frame) or getfile(frame)
  File "/usr/lib/python3.8/inspect.py", line 708, in getsourcefile
    if getattr(getmodule(object, filename), '__loader__', None) is not None:
  File "/usr/lib/python3.8/inspect.py", line 737, in getmodule
    file = getabsfile(object, _filename)
  File "/usr/lib/python3.8/inspect.py", line 721, in getabsfile
    return os.path.normcase(os.path.abspath(_filename))
  File "/usr/lib/python3.8/posixpath.py", line 379, in abspath
    cwd = os.getcwd()
FileNotFoundError: [Errno 2] No such file or directory
>>>