I heard this term mentioned by one of the hosts of the excellent "If Books Could Kill" podcast (when talking about Sam Bankman-Fried, who's like the quintessential case of this), and my god does it clearly define something I've been needing a term for since forever. This phenomenon explains like half of what's wrong with the world today.
@eribosot years ago the software devs in Amazon used to complain about the elevators. Eventually Amazon got so tired of it they somehow arranged with the elevator company to come on-site for a hackathon weekend, during which devs would attempt to produce a more optimal algorithm. Unsurprisingly they failed. Turns out that elevator companies know what they're doing.
At least it finally got the devs to shut up about the damn elevators.
@Twirrim I'm going to store this anecdote away for future reference. Someone once told me that elevator algorithms are surprisingly difficult. It's exactly the kind of problem that looks simple on a surface level, but gets more complex as you dive into the details.