As one might expect, because the AI isn't actually thinking, it's just spending more tokens on the problem. This sometimes leads to the desired outcome but the phenomenon is very brittle and disappears when the AI is pushed outside the bounds of its training.
To quote their discussion, "CoT is not a mechanism for genuine logical inference but rather a sophisticated form of structured pattern matching, fundamentally bounded by the data distribution seen during training. When pushed even slightly beyond this distribution, its performance degrades significantly, exposing the superficial nature of the “reasoning” it produces."