Here's Peter Higgs on the subject of how academics today compares to the past: http://www.theguardian.com/science/2013/dec/06/peter-higgs-b...
Most people I know who went down the academic route have left the world or are seriously thinking about leaving. I know a couple people with positions at top universities, and around the age of 30 their careers are just starting, with tenure being potentially a coin flip.
And it always traps the most brilliant people. That's the worst part.