In the absence of data yes, but intuition and judgement are just heuristics; they suffer strongly from personal biases and are not necessarily representative of reality.
You make it sound like you’re just shifting the problem elsewhere, when this isn’t the case.
It’s not wholly subjective. Some of the processes you can use to understand your data are mathematically proven. Many others are well-tested.
In any case the idea is to try to minimise your biases and check whether your assumptions are valid so that you can make better, more reliable, more informed decisions. It doesn’t have to be a perfect system to be better.
