Sure it's subjective. One issue with advanced stats is that they also lack that. For instance, Jordan Staal taking a shot from 6 feet out with no traffic would likely be treated the same in terms of High Danger as Kucherov taking a shot from 6 feet out with traffic.
With the chips in the puck and shoulder pads, as well as sensors around the rink, the advanced data will start to try to account for that sort of stuff more and more and will improve over time.
I still think advance stats are still usable in large sample sizes as some of those things average out, but you can't completely ignore subjective measures.
FWIW, NHL teams use this sort of expert subjective analysis themselves, and have done so for years now. There are commercial providers and I'm sure some teams do similar work internally. They watch video and track puck movement immediately prior to every shot, accounting for distance laterally traveled, speed the receiving player gets the shot off, screens, shot speed, and other factors, and grade each shot by difficulty. Doing that right requires full time skilled staff and is thus not a free or cheap product easily available to fans, so it doesn't make its way to forums like this much, but it's out there. The shot distance alone stuff is better than raw shot totals, but I don't think it's taken all that seriously by teams that are truly serious about analytics.
And of course, with the puck and player tracking, you can now begin to automate what has traditionally been experienced hockey analysts sitting in a room and watching video. I would be far from shocked if teams weren't also throwing that data into AI models now as well.