Comment by mcdeltat

There's probably a general positive correlation between knowing a lot of specific algorithms/techniques (i.e. as tested by LC) and being a great developer. HOWEVER I think the scenario of a real world job is far more a subset of that.

Firstly these questions you get like 30 mins to do, which is small compared to the time variance introduced by knowing or not knowing the required algorithm. If you know it you'll be done in like 10 mins with a perfect answer. Whereas if you don't know you could easily spend 30 mins figuring it out and fail. So while on average people passed by LC may be good engineers, in any one scenario it's likely you reject a good engineer because the variance is large. And then it's easy to see why people get upset, because yeah it feels dodgy to be rejected when you happen to not know some obscure algorithm off the top of your head. The process could be fairer.

Secondly, as many say, the actual job is rarely this technical stuff under such time pressure. Knowing algorithms or not means basically nothing when the job is like debugging CI errors for half your day.