The problem is that "optimizing for peer-review" is not the same thing as optimizing for quality. E.g., I like to add a few tongue-in-cheeks to entertain the reader. But then I have to worry endlessly about anal-retentive reviewers who refuse to see the big picture.
If peer review were to go away, this whole academic system would get into a crisis. It's dysfunctional and has many problems but it's kinda load bearing for the system to chug along.
Maybe we can go back to very opinionated “true” academia,
where there are institutional gatekeepers,
but they mostly get it right on who to award (and not),
vs the current game of
“whoever plays ball with funding sources the best = the best academic”,
which is obviously bullshit.
in much earlier institutions of knowledge and excellence,
the only transparent metric was whether or not they approved you.