10% of the year is not a sensible way to measure your error. If I ask “When did X happen?” and you answer 2000 CE when the real answer was 2020 CE, there’s a sense in which you are more wrong than if you answered 300 BCE while the real answer was 500 BCE. Even if you don’t think this, you probably don’t think that the sensible target should be narrower closer to 0 BCE.
Whereas you are in a meaningful way about as incorrect if you say 10 km when the real answer is 11 km as if you say 1 m when the real answer is 1.1 m
I think it definitely means that the bone breaks first if you load them under equal pressures, and less confidently that the diamond rod breaks first if you suddenly shock it. As an example elsewhere, you don’t want to make the cores of swords out of brittle materials due to them breaking, which is why cast iron sucks. You want a ductile core that is tough (so it can absorb the energy of impacts) and a hard-but-possibly-brittle exterior (so that you can cut and keep an edge).
Plausibly this means you don’t want structural materials to be made out of diamond even if you’d want your teeth to be, at least unless you needed to sustain high loads. It looks to me like (some, stuff like femurs) bone is optimized to be flexible.