My take: Myers-Briggs is a useful tool with evidence behind it
This is not supported by the data.
For one, many studies of identical twins raised in separate households show they have the same personality type at a much higher rate than chance.
Two, there are incredibly strong correlations in the data. In different surveys of 100k+ people, the highest earning type has twice the salary of the lowest type. This is basically impossible by chance.
The letters (like ENTJ) correlate highly to the variables of Big 5, the personality system used by scientists. Its just that it's bucketed into 16 categories vs being 5 sliding scales.
Scientific studies are looking for variables that can be tracked over time reliably, so Big 5 is a better measure for that.
But for personal or organizational use, the category approach is a feature, not a bug. It is much more help as a mental toolkit than just getting a personality score on each of the 5 categories.