The Euler buckling method is accurate for real-world applications as long as the assumptions of the model are met, particularly for simple structures like compressed rods or beams. However, for complex structures or dynamic loads, Euler's method may be too simplistic, and more advanced analyses are required. Designers often rely on Euler's principles when adhering to building codes, which incorporate safety factors based on this method. The discussion also highlights that thermal stresses can affect buckling behavior, necessitating careful consideration of temperature effects on material properties. Overall, while Euler's method serves as a foundational tool in structural engineering, its applicability can vary based on specific conditions and loading scenarios.