> Is it?
Yes, it is, at least I am unaware of other general approaches to measuring general human cognitive ability.
> Then why don't we use it instead of other tests and metrics? I'm going to echo what other people have said in this thread and say that I've never encountered an IQ test in my academic or professional life among the numerous aptitude measurements.
See this comment thread: https://news.ycombinator.com/item?id=18805263. Apparently, this is a cultural thing, in that some countries don't employ this kind of testing, but there are definitely countries where this is not at all infrequent. It is also possible that not all cognitive tests which are (statistically) g-factor-loaded are readily recognizable as an "IQ test" by most people. As was also stated elsewhere in this thread, the SATs test could be considered one such test.
> The same argument is indeed used against eugenics, human experimentation, and various other sciences which are tangent to ethically challenged practices. For example, gene editing of humans is a scientific practice that could have clear benefit but the potential for misuse (which we've already seen in the recent Chinese gene hacking case) must be considered.
I meant it in a broader sense: why would we use this current state-of-the-art model when we will undoubtedly produce better and more accurate ones in the future? This could be said for physics, pharmacology and any other "unfinished" field, which is all of them.