I totally see this viewpoint for Tech/Bio/etc R&D and teaching...but I'd love to hear whether this viewpoint applies at organizations which uses PhDs just as an

I totally see this viewpoint for Tech/Bio/etc R&D and teaching...but I'd love to hear whether this viewpoint applies at organizations which uses PhDs just as an entry filter. So many people I've worked with both in Gov/Intel/Finance had random PhDs.