This is not an unqualified statement, it is a common risk management strategy in any complex, high risk operation. In times of skills shortages, experience levels will drop, and systems must be employed to reduce risk.
Since when is being an airline pilot a complex high risk operation? Granted,the choice of where to invest your huge salary is perhaps high risk depending on the skills of your financial manager. But flying a Boeing a "high risk". I don't think so..