Economics 101: Pricing Matters.
So if older workers are smarter than younger workers, does that mean that we don’t care about their extra experience or that we don’t care enough to pay for it?
Speaking as an “old guy”, I have a personal stake in the answer to this question. There are things about technology that I know which my younger brethren don’t. And while my dated programming skills and understanding of what happens at a command line prompt may not matter any more the decades I’ve spent watching how the choices we make in technology effect the business impact of those choices matter very much. Facebook is a prime example; It does everything, but it’s a nightmare to “get”.