ithinkso, sadly you are spot on.
I am a Silver FF with Garuda and refer to it as my Silver Death Card, I don't bungy jump, parachute or try and tame wild animals, flying Garuda is my risky activity.
I would love to see things change for the better and will do my part to keep safe and act responsibly and professionally when flying. However I don't see the wholesale change needed in the industry coming even within my lifetime.