Academia is not the only place to learn.

>The tech giants whose founders and engineers were trained in these institutions, whose core technologies were incubated in these research environments

There is a reason many of those founders dropped out than continue. It turns out that what you learn is useless and inefficient compared to picking up the knowledge externally. Practical experience is a much better teacher than the people at universities. Every day at class I would keep a tally of how many lies and incorrect statements and explainations would get made every day.

Also notice how those core technologies are not listed because it would weaken there point.

It's natural for universities to argue for why they are still relevant in the 21st century. They don't want to be disrupted.