Guys, is this true? Is it like that at any games companies you know about?
It all sounds like a cover to hire cheaper workers to me. Because the whole idea that only young people come up with new, innovative ideas sounds like total nonsense. I doubt there is any evidence to confirm either way, but most younger generation people I know got one thing on mind: fit in.
Being innovative is a matter of personality. Nothing to do with age, but perhaps has a lot to do with experience. Lot of times, age and experience kind of go hand in hand.
Seems to be a cycle that occurs in many aspects of life. Somebody smart/brave builds something worthwhile, then the parasites come in, take over, and drive the thing into ground for short-term, selfish gain.