For example, most companies with large software assets will at some point go through a fight between the old hands and younger devs about whether to do a rewrite in the hot new thing. Which side you're on may appear dominated by age, but it's really more about your intuition about the risks of rewrite projects. That in turn is determined by your experiences of people's ability/inability to fully comprehend complex systems.
Also I didn't try to to be neutral, hence the digs at communism and academia. If I was aiming for karma I'd have left those out. But I'm not.