Yes, AA is fundamentally flawed, but that is because it is a biasing correction to a pre-existing and difficult to manage bias. You might be tempted to think "if the goal is to eliminate bias, you shouldn't introduce more bias" but the fact is, a counter bias can mitigate another. No, it won't work in a utopia, but we don't live in a utopia. And maybe it can't even help create one. But it doesn't actually prevent any progress.
> "What is worrying is that the truly great minority leaders/thinking/doers/etc.."
Well, don't worry about the truly great leaders, thinkers, and doers. They are truly great, so they will overcome. It is results that make one great, not rewards.