There's basically always some kind of monkey's paw shortcut to any formalized metric passed top-down.

The converse is that there are also always novel ways to differentiate yourself bottom-up from the mere shortcutters. This is basically how fads form. Something novel appears that is first a great signal for honest quality work, then it gets formalized and imitated and it becomes less predictive, so those who are in the business of creating true value must come up with new ways to demonstrate this.