[Glyptodon]

I've witnessed the dark side of academia be extremely abusive to people.

In my view industry is often also toxic, just in very different and more variable ways. For example, fetishizing overtime or the volume of work to do, weird management: "never hire fit looking developers because fitness means they don't spend enough personal time on computers", "always give the worst employees the best references because they'll weigh down competitors", "let's talk about how terrible abortion is over lunch", etc.

Toxic culture and bad management occur in the private sector, but it runs a larger and less consistent gamut than what I've witnessed in academia.