"Science and academia are entirely broken today, but we can longer afford to wait for the dinosaurs to die." Please - what exactly is the author trying to say? What exactly is broken, who are the dinosaurs, and what do they have to do with it? Science works very well, as it long has, and in fact in works much much better than it ever has, due to increasing transparency and fairness in all aspects of the academic pipeline (admission, graduation, funding, peer review, publication, etc.)
Certainly, funding is tight, which might drive a lot of very creative people away - but a lot of very creative people remain, and not everybody wants to be in academia anyway.
Also, it's true that academia can be very inefficient, but that's not globally true, and neither is it an academic problem alone. Most importantly, it's something that can be fixed.