The interviews are wrong. Check with your favorite frontier LLM. There has been a lot of research on what's predictive for job performance and what's not, but it's largely ignored.

An easy example: Google's "Project Aristotle" - https://psychsafety.com/googles-project-aristotle/

tl;dr: psychological safety was the determining factor of highly effective teams. Then Google goes and does large-scale layoffs. Think about your workplace, do you feel safe? Do you think these interviews help people feel safe?

Great idea.

So we’ll do both: have a high bar for technical interviews and a culture of psychological safety. That should be the best of all worlds and create a high performing team.

I’m not sure your point here. Yes, high performing teams have psychological safety.