Earlier quoted context omitted.
>But in terms of career progression and job safety, the risk is just way too high, at least for me personally. I save the highly mathematical stuff for a hobby. I think the sad truth is that this is the reality of work no matter if you are a Data Scientist or not. What you thought you would be doing to show your worth and climb the ladder gets blurred in with KPIs you didn't set, politics you didn't create, goals and…
Sounds more like it simply doesn't work very well, rather than any of the reasons you listed. It's often the case, I remember when that stupid Amazon infographic was going around about decreased load times meaning big upswings in conversions. A client paid for a significant project to reduce load times, which we succeeded in to a huge degree with most of the pages going from 1.5-3 seconds secs down to 250-500 ms. Abs…
Well the first rule should be looking skeptically at someone whose "analysis" involves something their core business provides/sells. Facebook and Google have been pushing data driven narratives about how effective their advertising is, and yet as a data scientist working at a large Fortune 500 company, we never were able to show meaningful impact anywhere close to what was claimed. This was met with pushback, as before my team was created the company relied on external analytics vendors who always came back with results that were magically what everyone was expecting/hoping for. But when my team tried to recreate what they had done, they would withhold information claiming it they were "trade secrets", or what they did provide was riddled with egregious errors.
I actually think that is the biggest argument as to why every company should have some kind of data science team. There is certainly important predictive models and analytics to be done, but the most consistent ROI would be to keep the company grounded and not dropping huge sums of money on the trendiest snake-oil analytics/AI solutions being hawked by vendors.