Very seriously indeed if you value higher education and research.
Lot's of people do. Over a decade ago now, Ben Ginsberg wrote "Fall of the Faculty". Political scientists like Wendy Brown have picked apart not only the evidence, but done deep analytical work on the reasons for the disintegration of academia in the West. Even Peter Thiel (who I profoundly disagree with on almost everything) has given knock-down commentary that I find impossible to ignore on how academia went to seed, and is now unfit for teaching, learning and honest research.
From a personal perspective; I worked in universities for over 30 years. What we have now is unrecognisable from the institutions I started teaching at in the early 1990s. Almost all human values have been expunged and replaced by a puppet show of performative theatrics, led by MBA educated impostors and career administrators. It is fake to the core. I no longer recognise these places as universities. I've seen brilliant colleagues go crazy, retire early, turn to alcohol and drugs, commit suicide, or just wander off to live in the mountains and grow vegetables. I refuse to believe all those smart and dedicated people are/were "weak". Academia is a very toxic place and I would not advise any "smart and sensitive" person to go into that life if you value your health.
When you consider how much it costs a nation to educate someone to PhD level and then look at the churn and attrition, it's a massive bonfire of wealth.
I've written numerous pieces in the Times Higher on specific failings of universities, but one cannot halt a juggernaut of change with words alone. Now I am left only with curiosity at how higher education will change and what will come after.
My response has been to conduct and publish my own research independently outside the "academic system" and to start my own companies for teaching. By my standards, both are successful.
edit: grammar