Omg yes. My coworkers often specify parameters (the results of what we would have called "regression" or "fitting" but what is now called "machine learning") to like 14 decimal places when we only know them to 20%. It would have yielded a failing grade in my high school chemistry class.
They are like "Chesterton's digits" when they appear unexplained in parameter files. Do we really know this number or is it just a wild-assed guess?