This is funny because it's so accurate. I worked a year or two in college doing IT support for the College of Business in my final years of school. The prior boss who had actual experience in running IT departments was run out (fired) and replaced by an economics professor who had no idea what he was doing. The economics professor lead the charge in running out his predecessor. I don't know the reason but it was pretty ugly and everyone in IT support had zero respect for the economics professor. I came in after the fact so I had no skin in that game.
As an aside, every professor got a brand new $4000 Dell every year because if the college didn't spend its budget, it would get less money the next year. Most of these professors just used Office to do their lesson plans and that's it. This was in the 1990s and it was a huge waste of money. I would imagine it's much worse now. That probably had something to do with it.
I recently read a quote that paraphrased went like, "bureaucracies care about following procedure over outcomes."
I hope US universities get fixed. Their current state is a great disservice to the future of the country.