What's wrong with using sudo?

The risk of a typo is more than the risk of a bug.

The risk of gaining a habit of "it doesn't work, stick sudo on it!" is much higher than the risk of a bug.

As a sysadmin who's seen people execute all sorts of random commands with sudo that didn't need them, I always caution against superfluous usage of sudo.

While cat isn't harmful, the habit that this encourages is.

I think there is another issue not yet mentioned: sudo status is cached for the shell with a default of 15 minutes. This means you don't have to provide your password in the next 15 minutes in order to execute a potentially dangerous command.

I think we all can think of more or less likely security issues that could result from that: Unknown software bugs that exploit this or forgetting to lock the screen with random people or co-workers around come to mind.

This is indeed my primary reason for not using sudo when I don't have to and even if I have to, for frequently closing shells after I'm done with sudo work.

Using sudo excessively is the Linux equivalent of the old Windows habit of running everything under the Administrator account. That one has been discussed and criticized to hell and back, so you can read everything that talks about why a person should not be running their Windows computer as an Administrator, and every single point will apply to habitual use of sudo on Linux.