GenAI is the first technology that I've ever seen that is actively rejected by young adults and fervently pushed by people over 55. It seems Eric Schmids of the world think they (in their 70s) have more say about the future of these students than the students themselves. That is very unlikely.
Follow the money. People over 55 are most concerned about one thing: retirement. Retirement, by definition, requires living off of money that you did not labor for. In the US, you do this by holding assets that yield returns on your investment. Over the last half-century, we've made returning that yield the main objective of publicly-traded corporations to the complete exclusion of everything else. People like Schmid…
So like you just get handed money to retire without ever working a day in your life? Please tell how this works I want some of that.