Webster's says:

Frankly I don't know which of these is scarier. I see cases of usage 1 daily, and assuming the existence of usage 2 would parsimoniously explain a lot of otherwise nonsensical happenings in the world at large!

Nihilist's Creed: Reality cannot be measured if one must assume the reality of the measuring instrument.

Whew! Try selling that in the real world; another example of why ordinary people in the everyday world ask what their tax dollars are being wasted on in higher education these days?