I'm fully aware that according to the internet, there is an epidemic of bullshit artists who can go deep on the architecture and tradeoffs and their contribution to the things they worked on, without having actually contributed to those things, but I dunno, the narrative just doesn't jibe with my anecdotal experience.
My only uncertainty here is that I do think I have been very fortunate in the people I have worked with in my career, so I might just be getting lucky. But I have truly never worked with someone who is hired largely on the basis of a strong resume, but genuinely can't grok fizzbuzz, or whatever the contemporary equivalent of that is.
I also recognize that you ran a real company doing real work on this, so I'm generally inclined to defer to your wisdom...
You can tell that I'm very torn on this, because the conventional wisdom is so strongly against my perspective on it, and I generally put a good deal of weight on conventional wisdom. But man, I dunno, it all really feels like an inertia thing that I increasingly question the original foundations of. Sometimes the emperor actually doesn't have any clothes on...