It really depends why you’re hashing and what the consequences of a collision are. Using a hashing algorithm to protect sensitive data (should I hash passwords with SHA-1?) should weight the value of this answer significantly differently than using it as a convenient lookup optimization (should I use SHA-1 to identify git references?). And there’s a spectrum between those, where that convenience might be an attack surface (can I impersonate someone’s git commit?) or might be worth the risk (does it matter if I can easily find a collision?).
Unless I’ve missed some new proof, it should be assumed the answer to “is it possible?” will likely always be yes. The question then becomes “has the known wisdom on the following questions changed since I last asked?”, followed in no specific order by, “how plausible is the collision? how much do I care if it happens? how motivated are people to find it? are there other plausible mitigations in place? is the known wisdom on these questions likely to change in a way meaningful to me? how soon?”