Reflect few contributions on philosophy.md that were not reflected on #8294

[mreraser]

What does this PR do?

Hello!😀

In the previous PR, I mistakenly named the file philosopy.md and later corrected it to philosophy.md.

However, during this process, it was identified by @heuristicwave that the reviews provided by @jungnerd were not reflected in the PR. I apologize for the oversight and any inconvenience caused. I should have double-checked before the PR was merged.

I am resubmitting the PR with the latest changes included. Thank you for your understanding.

from #7940

Before submitting

• This PR fixes a typo or improves the docs (you can dismiss the other checks if that's the case).
• Did you read the contributor guideline?
• Did you read our philosophy doc (important for complex PRs)?
• Was this discussed/approved via a GitHub issue or the forum? Please add a link to it if that's the case.
• Did you make sure to update the documentation with your changes? Here are the
  documentation guidelines, and
  here are tips on formatting docstrings.
• Did you write any new necessary tests?

Who can review?

@heuristicwave @stevhliu

[HuggingFaceDocBuilderDev]

The docs for this PR live here. All of your documentation changes will be reflected on that endpoint. The docs are available until 30 days after the last update.

[stevhliu]

Thanks for coming back to apply those fixes! Feel free to ping me for another review once all the feedback from @jungnerd has been incorporated 🙂