This doesn't strike me as dumb at all, unless the refrigerator's heat pump is more efficient [1] than the AC. Although it may be, it's not a foregone conclusion, and it stands to reason that a refrigerator would be designed to function better when pumping [2] heat into room temperatures than outdoor temperatures (as opposed to an AC).
Regardless, all heat pumps have to work harder (use more energy and/or run longer) when the temperature differential on either side is worse. You wouldn't be getting something for nothing by moving a fridge's hot side to a hotter outdoor location.
[1] Overall, including maintenance/replacement cost due to longer run-time
[2] or dumping, though "dump" suggest something more passive than what I believe is going on