That sounds nice and pleasantly confirms our biases, but it's blatantly false.
Existence of recruiters and recruitment companies as separate job entities is a proof positive that you do not, in fact, need a working recruitment pipeline.
If anything, recruitment in our industry was always broken. And yet here we are.
You aren’t wrong. That’s why recruiters and placement agencies exist. The statement is still true though. It’s just mostly deferred now onto another entity.