What is the No CAPTCHA problem? What's being described here are problems that apply to all CAPTCHAs. Whatever 'human' detection system you put in place, humans can always be hired to solve them. The point of No CAPTCHA is not to fix these problems, it's to make it easier for 90% of people who don't care too much about cookie privacy etc. (or most likely have no idea it's even a thing).
The problem itself is described in the end: it's about using clickjacking to get a valid token on behalf of "good guys". And this problem has nothing to do with existing systems.
Google could have made it so much easier and more secure: a POST request to google.com/verify_me will have Origin header in it to prevent CSRF (only wordpress.com scripts will be able to get token). Also there would be no need to make a click. No CAPTCHA looks fancy but the real No CAPTCHA should always have visibility:none!
Couldn't they just trigger that on form submission, then? "Please wait while we confirm you are human" is better than clicking and then waiting, and then submitting upon completion.