> but still have to prove themselves qualified for the job by doing well in interviews.
This notion of "qualified for the job" is really blurry in our field though. For example, is someone fresh out of a three months bootcamp qualified for a job at Microsoft?
Maybe. Many of the elite eng school grads Microsoft hires don't work out. At the upper levels of this industry, "meritocracy" is really just credentialism --- something embedded in your own comment --- which is something you learn quickly when you abandon resumes and interviews and replace them with work sample testing.