I don't get it. University tests are brutal too and have the expectation the student will devote large amounts of time and energy. It seems like a job interview is fair game for the same, no? I feel like this is a very bruised ego here. I'm not saying any interview process is perfect, and I think a lot of them are very, very bad at accessing the capabilities and value someone provides, but same for University.
On the other hand, I get the sense from people who've been through the Google treadmill that the problem isn't so much that it's hard like university courses are/can be but that it's arbitrary.