I recall noting that "the university" had not only outlasted any particular firm they could name, but had indeed survived the rise and fall of empires. I also noted the irony of being lectured by a representative from Big Blue about one's inability to "pivot."
"The university" is a remarkably resilient institution. That doesn't make it a good institution, but we should pause before we analyze them with the kind of narrow-minded presentism we see in this post. Universities have survived these many centuries not because they refuse to change, but because they're better at changing than even the nation states that have supported them.