I've also interviewed many consultants over the years. It strongly depends on what you are interviewing them for. If you want people with deep industry expertise and a strong fit for a fairly narrow role, then yes of course the consulting kids are going to suck. If you want people who can learn quickly and look more broadly than a specific department to do things like strategic or financial planning then consultants can be a good fit.
These kinds of consultants have the same issue as LLMs: they say the maximally plausible thing without knowing (or necessarily caring) if what they are saying is actually true.
I don't think strategy advice is worth much unless it's coming from people who stuck around and lived with the consequences (i.e, tested their ideas against reality).
>and look more broadly than a specific department to do things like strategic or financial planning then consultants can be a good fit.
I disagree with this, but I definitely understand your argument. I just don't see how someone who oscillates back and forth from various clients, even if they're all in the same industry, can get enough deep background to be able to coherently make recommendations about business strategy.