In general I would agree. I think it holds true at the highest levels.
What worries me is the noticeable uptick of presentations of the sort -- look ma better fit ... deep neural nets. These are mostly by more junior folks, but not necessarily. I have been in the audience in many.
These and the uptick in research proposals funded by providers of infra for such DNNs. I have been in the audience of many.
A charitable read could be that they just want the money and would do the principled thing.