It's over. My kid will be a dentist.
I always say the test of any profession is whether you would encourage your children to enter same - I certainly would not! Colorfax is correct in that many things have changed some for the better, some for the worse.
As a generality what concerns me (even outside of aviation) is that more and more people seem to go through life without ever having "original thought". We like to kid ourselves that there is a "procedure" for everything but I would suggest that when the chips are down it's often original thought that gets us out of trouble.