Really? I'm not the first to mark "I have something to say about this in the comments," but I am the first to leave a comment? Weird.
Aaaaaaanyway. Yes, I've had situations where I've been wrong and the kids have been right. I usually use it as an opportunity to show them how to be wrong gracefully, i.e., admit it and apologize for the mistake, rather than, say, turn orange, throw a temper tantrum, and insist that my "alternate facts" are really the right ones.