Passing a Calculus test doesn't necessarily predict if the student can apply their knowledge to production to generate new ideas and widgets which make our lives better, it just predicts that Student A can follow rules and learn something _when required by an authority_.
I think this sentiment is similar to how people feel about Leet Code interview questions. So what if an engineer can invert a binary tree if they can't formulate new, useful ideas and convince others to work on them?
Perhaps student A is more likely be create new, better widgets than student B but I think academicia/LC cannot test this directly, which is what people are getting at when they criticize tests.