Something I've seen at every large tech company I've worked at (which includes the author's company), is that some people do the work for something cool. The next step for them will be to prepare a slide deck so that some big name can give a talk at a conference. That doesn't always happen, but it's common.

Depending on the managers and team leads involved, that kind of thing can also happen when promotions come around. At every place I've worked, a common complaint is that the TL for the project got promoted despite not doing much because they were TL. Of course that's not supposed to happen, but it happens all the time.

The post seems to compare the worst case in academia vs. the best case in industry. You could just as easily flip things around and make industry sound bad.