When it comes to 'reality' there is a divergence between scientific tests of what an eye, or a camera, records. And the difference is in what the brain remembers.
The accuracy of a photograph to represent the moment it was made has little to do with dynamic range of the eye, or the DR of the camera. While the eye has a vast DR, the memory for a scene is much less discerning. The memory remembers the bright light that made you squint, it remembers dark corners that made you peer, but it doesn't do it all in one go, because the eye is never adapted across a wide DR scene all in one go. So an accurate photograph, one that 'remembers' the scene as the eye saw it has a smaller dynamic range. Which is where modern digital cameras start to render reality as it appears to the camera, not the photographer. In a scene, a sunset perhaps, we shield the eyes, we look down, we look up, we don't take all the detail of a wide DR scene in the one hit, unlike the camera, so while we remember the glare, or the deep shadows as the light falls, it is done on separate levels. The camera renders them on one level, especially if some mild HDR is done. So it is a moot point if a very high DR camera is any good at representing a human connection to a scene because just like the high pitched sounds a dog can hear, we can't see what the camera can see even if the overall DR of the eye is as wide as the camera's.
The danger of course is that photographers chase the things technology can give and forget that their photographs are starting to bear no resemblance to what the viewer might expect. An extreme HDR photograph may elicit the question 'that can't be right can it?', while a clearly artistic rendering will be accepted for what it is, as will B&W, they are clearly not reality. But even on a lower subliminal level high DR of modern cameras makes the brain distrust the image if the intent of the image is the accurate recording of reality, and reality is entirely what the brain remembers or expects, not how a camera records it. But that is a bigger philosophical discussion.