Not sure "Cargo Cult" is an apt description. Feynman's description of Cargo Cult Science was predicated on the behavior of islanders building structures in expectation it would summon the planes, cargo, personnel, etc. that used the island during WWII.

Without a previous experience they would not have built anything.

There is no previous AI experience behind today's pursuit of the AI grail. In other words, no planes with cargo driving an expectation of success. Instead, the AI pursuit is based upon the probability of success, which is aptly defined as risk.

A correct analog would be the islanders building a boat and taking the risk of sailing off to far away shores in an attempt to procure the cargo they need.