Yes, but that’s the reality from the perspective of the camera, which will be slightly different from a perspective of the person operating it.
If the camera is out of focus, is that more or less accurate than a phone camera choosing the least out of focus frame, even if half a second after you clicked?
There is no objective reality in pictures or photos or art, only what we perceive. We now value real life activity shots. When cameras needed long exposure, it was still life portrait by necessity. Both show different versions of reality.
Again, you’re saying that the camera has flaws, ergo it’s imperfect, but in a known way. It’s the same for phone photos. They are imperfect but in a known way that leads to more frequent desirable pics.