This article portrays job-seekers with relevant skills as being tread upon by insecure employers. It advises the job-seeker to stay confident and not let their value be diminished.
http://www.forbes.com/sites/lizryan/2014/09/25/how-to-answer-the-question-whats-your-greatest-weakness/
I believe that the question is relevant because no one is perfect. If you plan for it, you can answer with something that doesn't make you look bad. It just lets employers know that you know yourself well. Knowing your weaknesses shows that you know what you could improve on to be a better professional.
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