Far quicker to type ping 1.1 than ping 1.1.1.1
1.0.0.0/24 is a different network than 1.1.1.0/24 too, so can be hosted elsewhere. Indeed right now 1.1.1.1 from my laptop goes via 141.101.71.63 and 1.0.0.1 via 141.101.71.121, which are both hosts on the same LINX/LON1 peer but presumably from different routers, so there is some resilience there.
Given DNS is about the easiest thing to avoid a single point of failure on I'm not sure why you would put all your eggs in a single company, but that seems to be the modern internet - centralisation over resilience because resilience is somehow deemed to be hard.