What this all boils down to, is if SF/SV is going to be seen as the beacon of software development, it is almost worse to me if it is ageism is being exemplified there. To give a rather rough corollary, consider if Washington D.C. never hired another underrepresented group, such as females, or minorities. It's sort of like, "well maybe I halfway, sadly expect that to happen in some small town somewhere", but C'mon! D.C.! Everyone's looking to you!" -- Same kind of thing.
OTOH, to be fair, I am obsessive about learning new stuff, and I've been working with some "trendy" stuff the past few years (all big-data, hadoop, storm, kafka, etc. stuff) and I've been doing a lot of machine learning / data science MOOCs over the past year or so. So my skills are a good match for what there's demand for. But that would be valuable if I was 20, 30, or 80.