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I find this bubble think amusing. In many industries, once you reach the relative top rungs, you have to worry about getting clipped because you are now, too old, too expensive, or too out of touch with current technologies. Obtaining lifetime job security and not being subjected to the profit requirements of a capitalist system, while holding a lot of control over your day to day is the grass is greener sentiment being offered by Mr. Silver.
If you are lower on the academic food chain, that is what you are working towards, while earning a top 5% salary as this guy is. Whatever the rigors of academic career advancement are, they are a one-way ratchet compared to the private sector. "Publish or perish" is no less worse than meeting quarterly quotas and research is much more in your hands than macroeconomic conditions.
There are no free lunches.
But you're talking about a very old university model. It's not the way it was before. 75%+ of the faculty were tenure-track 20 years ago. Now it's under 20% and most faculty are contingent. 3 year contracts. And even tenured faculty are getting fired.
In the future, professors will be the type of people who were warned not to go into the profession but did it anyway because they were stubborn and head strong and could handle the anxiety of not earning until they were 30+ while racking up debt, or for the most of them, earning contingent non-tenure contracts. Good for them.