The implication here is that (incapable of selecting the best applicant == complete idiot). From what I've seen/heard/experienced, hiring is amazingly difficul

The implication here is that (incapable of selecting the best applicant == complete idiot). From what I've seen/heard/experienced, hiring is amazingly difficult, and the main reason most professions don't suffer a lot is that there is a large pool of sufficiently capable people that accuracy isn't necessary, and where tech and other profession particularly suffer (and thus expose the problems that are otherwise universal) is that demand far exceeds supply. I'm hijacking your comment a little, since I agree with your base point that attracting better people would improve their applicant pool and I fully expect they'd see a benefit from this (whether my point is correct or not), but I did want to point out one of my pet areas of concern: We all suck at hiring.