Yep. I don't deny that academic success is correlated with real-world success, but assuming that they're identical is a terrible mistake. Especially now given how hard it is to hire good developers, I think Mensa-puzzle interviews and CS-exam interviews are terribly wasteful.

In Isaac Asimov's biography he mentions taking some intelligence test (perhaps in the Army?) that checked for familiarity with advertising slogans. Sure, there was probably a correlation there, but know we realize that's fundamentally dumb.