What's the deal with ridiculous job requirements?

Ph.D, 100 years of experience for $10 an hour😐

That's how ridiculous job posts are that I see.
They just do not want to pay people decent wages.

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Punches · 46-50, F

They are not actual job postings. As in, either the position is not even available OR the position does not even exist.
Companies put put stuff like that just to see what kind of responses they will get.
Just to get an idea of how little they can get away with paying for a job that requires decent education and experience.

Either that or it is scammers phishing for personal info, which is less likely.