Albert Einstein failed peer review the one time he was subjected to it. Newton was not subject to it at all.
His 1905 seminal papers were not peer reviewed per-se but the journal's editor who accepted the paper was Max Planck! So it was reviewed by another legendary physicist.
These days science has branched off into such specialized areas that another specialist in the field is needed for review. Whether that should be an anonymous referee, or someone else it is still valuable to catch errors and determine the soundness of the techniques. Also the selections of those peers is something for debate too.
[1] https://physicstoday.scitation.org/doi/full/10.1063/1.211782...
I guess part of the reason I exited academia was because I was bad at conducting research :)
" What is a 'Seed of Science'? It is a speculation, an idea for an experiment, a novel observation, a thought-provoking question and discussion, the highlighting of an under-appreciated problem, or an unorthodox research study"
They got an ACX Grant last year from AstralCodexTen to pursue this.
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CoI Disclaimer: My work is published in SoS.
Your income level is probably higher after leaving academia and going to work in industry. So you probably starve more by staying in academia.