DIC, WAIC, WBIC on regression tasks

I used WAIC and LOO, both of them occurred the warning,
WAIC: UserWarning: For one or more samples the posterior variance of the log predictive densities exceeds 0.4. This could be indication of WAIC starting to fail.
And LOO: Estimated shape parameter of Pareto distribution is greater than 0.7 for one or more samples. You should consider using a more robust model, this is because importance sampling is less likely to work well if the marginal posterior and LOO posterior are very different. This is more likely to happen with a non-robust model and highly influential observations.

That means my model is not good, can I use the WAIC and LOO as the referrence of model selection?