I wholeheartedly agree, elevating people above the level of responsibility/work they can handle is a bad idea, as is taking away responsibility from more qualified people.
Where you run into trouble is the people judging qualifications. Human judgment is an insanely noisy tool that heavily weights a bunch of stuff with no actual effect. For a stupid example, look at the earning difference between tall men and taller men -- it's about $800/yr/inch [1]. The effects of gender, race, and apparent country of origin (eg "foreign sounding" names) are all larger and equally useless in actually predicting job performance.
I'm not saying hire dim women over bright men. As I see it, the claim is that there are often many candidates who are equally "qualified" within our margin of error, and in those situations it's wise to pick the disadvantaged candidate because A) your flawed human judgement's probably lying to you ie they're more qualified than you think and B) if they are truly equal, elevating them will help encourage the next generation of candidates with their background, as TFA suggests. We can argue whether such a strategy will discourage the advantaged group's next generation in an equal and opposite manner, but I suspect the effect is strongly net positive on the size / quality of the labor pool.
Lastly, I realize I've made this comment quite narrowly focused on a hypothetical "hiring" scenario with a single human arbiter, but I hope HN can extrapolate the ideas to other choices we make as a society.
1: https://www.theatlantic.com/business/archive/2015/05/the-fin...