[pdonis]

> The new system is not 'better' than the old system, and is probably significantly worse.

It's worse if your goal is to work for one company for your entire career, and take whatever that company can offer you, yes. The new system no longer offers that goal as a realistic option.

However, by not offering that goal as a realistic option, the new system at least forces people to take responsibility for their own careers, instead of expecting someone else--"the company" or whoever--to manage their careers for them. I don't think that's a bad tradeoff, all things considered.