"System One" is a mess of a name from the start, as is any classification that chooses arbitrary labels for non-arbitrary things (Type I vs II errors, etc.)
Not only does "system one" fail to do that (because it is an arbitrary classification as you have said) but it also ascribes to the model a type of thinking that humans do when we really have no reason to believe that is how the classification process works with this type of model. So if you'd read Thinking, Fast and Slow you might reasonably attach attributes of human system-one type thinking to this model that are not justified. So it's simultaneously opaque (if you don't know the reference) and misleading (if you do).