If the set of people who are interviewing you by luck happen to prefer interview questions that match your strengths, you get the job; if they instead happen by luck to prefer interview questions that match your weaknesses, you don't get the job. The latter is an anti-loop.
It's a yegge-coined term for getting a set of ~five interviewers who won't pass anyone. That is for any candidate who passes interviewer X's idea of a good candidate, you won't pass Y.
I don't think you see it much anymore, but I wouldn't be surprised if it does still happen from time to time.
