You know, we used to have institutions for well-paid knowledge workers to cloister themselves from outside concerns and devote themselves to work. We called them "universities".
Academia had a specific set of pros and cons that made it a distinct entity from industry. As time as passed, academia has been taking on more and more of the cons of industry (focus on short-term thinking) without taking on the pros of industry (higher pay).
Math, and to a lesser extent physics & CS departments are less broken. But applied sciences places where I have been tend to be a trainwreck.
I don't intend for this to reflect on Google (he was a level 7 or 8, not a person of significance) as I'm sure that this dynamic exists, to the same degree, at all the hot tech companies.