A bit is not a bit.
CD audio is 16-bit:
0000 0000 0000 0000
0000 0000 0000 0001<<If this bit gets flipped, nobody cares! 0 vs 1 (i.e. it just got 0.0000000001db louder!)
>>1000 0000 0000 0000 If this bit gets flipped, you'll probably notice! 0 vs 32768 (i.e. it just got 93db louder!!!!!!!!!
and that's why bluray audio (Dolby and DTS) has error correction, which makes it immune to jitter.
But PCM / CD audio is a different beast, much older and not nearly as smart. (So stop using it!)
Even the cheapest DAC's today are far better than human hearing, so the analog conversion should be near-flawless, assuming all the bits get there, and for the most part, they do all get there.
If you have ever heard a CD in a car skip or glitch out, that's what happens when lots of the bits don't all make it.
If enough bits are flipped or lost, it's totally obvious when it happens.
It just keeps glitching until it can read from the disc, or it skips to the next song or even to the very end of the disc.
If you want to test yourself, download audacity and open a song, zoom in and change the amplitude of just one of the samples and hit play. See if you can hear a single sample being flipped from all zeros to all ones. (i.e. 0db to full clipped.)
I just made myself curious, I'll have to try it and see what it sounds like! See if it can be heard...