That said, I've worked exactly 0 jobs that had too much planning in 20 YOE. However I worked lots of jobs with over-measuring. Constant check-ins, syncs, status meetings, team wide weeklies, etc. Measuring every step we take before we take the next one, but no vision as to wear this journey is supposed to actually lead.
This presents its own danger, and Big Agile Industrial Complex is the current manifestation of this problem.
I think its a micro-optimization that creates a macro problem.
We did not get from the Wright Brothers to a Boeing 777 with lots of minute check-ins and week-long visions of micro deliverables along the way.
You DO get improvements applying that process to say- churning out the current plane on the factory floor in a 25% more efficient manner, step by step. Not a lot of planning for what 6 months looks like there.
So one needs to match the type of problem they are solving with the correct amount of vision & planning.