So when we have materials whose real purpose is cost savings not safety
Composite materials often times are much more expensive than conventional materials. Composites offer designers a couple of different advantages. First, composites can be engineered to perform exactly the way an engineer needs them to perform. Be it in compression, tension, torsion, you name it, you can engineer a component to exhibit the qualities you want. The higher the percentage of reinforcement, the more the composite behaves like the reinforcement. The higher the percentage of matrix, the more the composite behaves like the matrix. Second, composites are typically much lighter but possess the same or higher structural qualities of the metal components they replace. Third, composites offer the ability to make very complex aerodynamic shapes that metals cannot be easily formed into.
There is a tremendous amount of historical data on composites, and it comes from the most demanding aeronautical applications in the world--the military. Planes as old as the F-4 and F-111 used composites to achieve weight savings. Almost every military aircraft since then has made more and more extensive use of composites since. I remember looking at an F-18 crash, and there was carbon fiber everywhere--I had no idea it contained so much of the material--the structural part of the wing is almost entirely carbon. These aircraft are designed to the highest tolerances, the highest structural characteristics, and are subjected to more punishment than any other aircraft in the world. So, to say that the materials themselves are a poor substitute for metal is not true.
Engineering can be flawed, no doubt. But, that does not ultimately mean anything with respect to the materials themselves. If an engineer uses an aluminum structural component the wrong way, it will fail.
In my opinion, composites are the future, and will enable designers to wring every drop of performance out of aircraft in the future. It doesn't have anything to do with cheaper--it has to do with better.