Earlier quoted context omitted.
I'm not sure I buy your implicit assertion that other engineering disciplines are somehow better at hiring than the software industry is. As far as I can tell, mechanical and electrical engineers are hired based on relevance of work experience, some discussion of that experience, and maybe a few specific technical details which should be known by anybody with the experience they claim to have. All of which is isomorp…
Engineering firms won't even talk to someone claiming to be a ME or EE with no degree, no certifications, and/or no license. And, the premise of the article are that they are ignoring both education and experience, so I don't see how your comparison fits. This thread isn't about who is more likely to fail. We are talking about hiring and who is likely to succeed. My point that companies have dumbed down what they cal…
I don't think software is "dumbing down" by ignoring credentials. We're ignoring credentials because we are finding that they have no predictive power whatsoever for competence. Most software companies do still pay attention to experience (at least while sourcing), on the belief that it is not useless as a predictor. This article is interesting because it provides strong data indicating that experience (as presented by the candidate on their resume) is also useless as a predictor.
The point is that people with good resumes are often incompetent, and competent people often have thin resumes. This article presents data indicating that filtering by resume is no better than filtering by coin flip. Thus, if OP's data and analysis are correct, paying heed to credentials and experience is irrational.