I much prefer the take home test to a live coding exercise. Different strokes for different folks.
Specifically, a company can blast out a bajillion take home tests to a bajillion candidates for one position without a care in the world, but for live coding interviews it requires their own employee's time, so they're incentivized to only do it with candidates they're serious about.
Plus, there's the fact that I don't do well in live coding interviews. I get a version of "stage fright" where my mind goes blank and thinking becomes impossible for a bit. I don't experience it anytime on the job, either. Just in interviews.
You don't care whether you have almost no effective chance to actually get a job? Yeah, something tells me you're not being entirely truthful here.
> You don't care whether you have almost no effective chance to actually get a job?
Grug care. Grug can't pass live coding interview. Grug freeze. Grug ask for take home test instead. Grug not care about "perverse incentive." Grug want job.