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You're right, but one presumably would still teach kids to treat this tool with respect. And given that, it seems safer to me as this won't hurt them when they get careless (as kids are wont to do). That way you get a chance to reinforce the safety lesson before they graduate to the dangerous stuff.

I'm finding that a lot of parenting is teaching my kid that safety is something you have to do, and risks are something you have to look for and understand. For example, brushing your teeth is usually safe, but you shouldn't brush your teeth at a dead sprint down the stairs.

Not sure why you've been downvoted so heavily. That seems like a misuse of the downvote purpose.

But yes, I kind of agree with other commenters here in that maybe teaching absolute respect of a knife/table saw/power tool and its power to maim is a really important lesson that this sidesteps?