This document discusses the history and limitations of using failure rate models like MIL-HDBK-217 to predict reliability. It notes that while these models were useful in the 1960s based on failure patterns at the time, they make unrealistic assumptions that are no longer valid for complex modern systems. Specifically, these models assume constant failure rates, ignore quality factors, and treat a system's reliability as simply the sum of its component reliabilities. The document concludes that comprehensive knowledge of failure mechanisms and interactions is now needed to accurately predict reliability.