You quoted my comment, but you don't seem to be responding to it? I don't think I mentioned any burning it all down, nor anything you responded to, really.
Your 'pessimism' towards academia is the justification the 'burn it all down' people are using to ... burn it all down.
I'm not exaggerating. The innovation machine is currently ablaze. Even funded grants for things like cancer and alzheimers aren't being paid out because they fired all the grants processors. Multiple whole universities have been defunded entirely. An entire generation of scientists will have their careers stolen from them if this continues.