That does not mean it's infallible. Basically, Nassim Taleb stuff. We're wrong all the f*ing time and the more confident and blinded by our models we are, the g

That does not mean it's infallible. Basically, Nassim Taleb stuff. We're wrong all the f*ing time and the more confident and blinded by our models we are, the greater are the effects of our screw ups, there IS such thing as hubris, we've known it long before but it's too abstract to constantly take it into consideration, so we just stop minding. It has happened countless times and there's little evidence we've been able to tame our cognitive blind spots at all, we're just humans, after all.