
It’s been literally a couple decades now but I once had to troubleshoot multiple RAID failures in a number of identical servers that were all running 6 disk RAID-5. Long story short the power supplies in each server was slowly losing its ability to power all the drives at the same time, so random drives started throwing errors. By the time we figured out the root cause, most of the drives had generated enough errors that the RAID controller couldn’t rebuild the volumes.
So, no, as others have said RAID is not a backup and should never be treated as such. A single point of failure like the power supply can easily cause the loss of the entire volume without warning.
One thing I haven’t seen yet is that it will basically end accreditation of colleges & universities.
Today if you get an MBA, PHD, etc. pretty much everybody knows what that means whether you got that degree from Harvard University, Penn State, or the University of Alabama. The standards for such degrees are pretty well known.
While the Department of Education doesn’t directly perform accreditation it does manage the standards that third parties use for the process. Get rid of the standards and those accreditation bodies will eventually start doing their own thing. So eventually one body might only offer accreditation to schools that promote certain religious values and ignore other educational standards, while another only offers accreditation to schools that pay kickbacks, etc.
If those sorts of things start to happen then accreditation will become largely meaningless, and college/university degrees won’t mean as much as they currently do.