Systems programmers have different experiences than web developers who have different experiences from ML researchers. Things that benefit junior Ruby devs may make no sense for a middle aged, embedded dev working for the defense industry.
There are people who benefit greatly from side projects, and others who should never bring them up in an interview. I don't think anyone should be significantly swayed by the arguments I've seen here so far. Know your situation and react accordingly. Don't lose sight of the complex world of software and how many times the experiences of others only apply loosely, if at all, to your situation.