My belief on this SMINSY phenom is that they do see you but you don't register as a threat to their movement.
I've seen, gosh countless times, some guy about to pull out into the street, but he pauses when he sees me riding toward him. After that hesitation, he pulls out anyway because clearly he knows I will need to brake or swerve or something. No way would he have done that were I a dump truck.
I'm sure that had I hit him not having time to brake or room to swerve, it would have been, "I never saw him".
Why be born again when you can just grow up?