It does go both ways. You can ask stupid questions without fear of embarrassment or ruined reputation, and it can respond with stupid answers without fear of embarrassment or ruined reputation.

It can confidently spew completely wrong information and there's no way to tell when it's doing that. There's a real risk that it will teach you a complete lie based on how it "thinks" something should work, and unlearning that lie will be much harder than just learning the truth initially