^^^
"It is also important to note that, contrary to what many take for granted, higher viscosity in and of itself does not translate into better engine protection. Extensive testing has shown the opposite to be in fact true. As long as a lower-viscosity oil is formulated to resist evaporation and provide high film strength, this lighter oil will actually deliver more complete protection to the engine parts, since its more rapid circulation delivers both better lubrication per se, and far better cooling characteristics…a critical advantage, given that oil flow furnishes up to 30%"
If all other factors are constant, many wear studies have shown that more HTHS viscosity increases the film thickness (MOFT) between moving parts, which translates to more part separation and therefore less rubbing and wear. Sure, the "film strength" of the oil is important too (ie, the AF/AW additives that provides the wear protecting tribofilm), but viscosity is the main wear mitigation factor. The goal is to keep moving parts separated as much as possible, then rely on the AF/AW tribofilm to take up what film thickness can't.
This Machine Lubrication article has been posted quite a few times, and it distinguishes the difference between film thickness from viscosity and film strength from AF/AW additives.
https://www.machinerylubrication.com/Read/30835/lubricant-film-strength
Also, the temperature increase inside the journal bearings with a thicker oil is pretty small, and not enough to really matter. High performance engines spec thicker oil for track use, and if the slight increase in the bearing film was too much then there wouldn't be any advantage to running a thicker oil on the track. But the temperature rise is minor, so the thicker oil even if running hotter is still providing more MOFT than a thinner oil would in track use conditions.