Yea - the idea is that Snowflake will generate these after a query runs in order to help you look at multiple runs of the same query. So imagine you run a query that's "select a from b where c = 1" and you want to find all examples of that query running. That's where "query_hash" comes in. But Snowflake also says well what if we let you be generic about the parameters - so "where c=1" and "where c=2" and "where c=300000" all have the same query_parameterized_hash.

That's the intent but turns out it's only doing a very simple hashing and not actually looking at the canonical version of the query. For example it won't treat aliases/renames as the same even though it should. This makes it harder to look at all queries that are in essence doing the same thing.