I am not the original commenter but I think something that younger people forget is that when you reach 2 decades or more into your career, your network starts to dry up for you. This is in addition to your skillsets and work cultural fit being suspect because of your experience and age (set in their ways, old thinking, etc…).
I have been in tech for nearly 40 years. Almost every one of my former bosses is either out of the industry, retired, or dead. My network is useless to me. If my current job ends…I won’t find another tech gig.