You made a decision before you had all the information, but you're so busy you don't want to reconsider your decision after learning new information?
No, it was intentionally designed in a way which discourages reading. In the case of this warning, it's possible that it was unintentionally designed in a way which discourages reading, but regardless the fault lies, at least in part, with the design.
Which also benefits the legal community by keeping them in a job, obviously. "Get it checked by legal/my lawyer" rather than just reading what you're signing up to is definitely a thing. I wish the legal system was more focused on clarity and common sense rather than the hard letter of the law.
One would think that a group of people so familiar with Latin would understand the potential consequences of this. That the masses were able to read Protestant literature but unable to read Catholic literature was one of the major factors that allowed the Reformation to occur.
The problem is that this was not done by a conscious decision but by a slow progression of a system. Bad actors getting away because of wording not being airtight etc.
Perhaps what could be done is enforcing the key points of legal agreement to appear at the top in clear language. We're already seeing some of such initiatives like Apple's privacy information section in the app store.