This is wonderful because it's totally sound. All efficiency methods (basically, hiding things, as the other comment says) is left to the build plan itself.
Switching to Nix for batch jobs is switching from DOS to an OS with actual process isolation. A complete paradigm shift.
Of course, since builds are reproducible you can catch this if you build it yourself and compare the actual content-hashes.
The caching model is about when the drv changes ((drv, output) is the cache key, basically), the trust model is one one can download something to avoiding build to fill in the value for the new cache key.
Note also that with the new floating content-addressed derivations, the trust stuff is much easier to think about.
The example was given for linking but this can be done for many steps of the build process.
One problem with NixOS currently is that certain dependencies in our package tree are very painful to change. If we touch glibc, we need to recompile 60.000 packages and it takes A LOT of compute power to do that.
With reproducible, content-addressed builds we can do things like early cutoff optimisations; making these changes less painful. SImple example; if somebody just changed a source code comment in glibc; then we get the same build artifact, and can skip building 60.000 packages.
If you do this at the source code level instead of the package level (like Bazel) then somebody can change how glibc does domain resolution; but packages that don't depend on that don't need to be recompiled either.