I've heard a similar theory, coming from the perspective of us ants. An ant colony right next to a highway is incapable of perceiving the fact that they are right next to a highway, since they aren't intelligent enough. Likewise, it's possible that there is evidence of intelligent extraterrestrial life staring at us in the face, but we're still not yet advanced enough to perceive it. Like Stone-age level tribesman living in an isolated part of the world unable to realize that there are radio transmissions between more technologically-advanced cultures traveling over their heads.