I'm a former quant trader as well and this article rang true to me.

I've certainly found myself in situations where I developed a model that performed so well in its specific domain that executives wanted to roll it out to a a much broader domain despite my advice.

It very much is a sign of immaturity and lack of discipline from leadership. It's too easy to buy into the hype thinking you are being supportive of AI in your org but not realize that truly being supporting an AI strategy involves a lot of nuanced skepticism.