Final statement from
op started with "Is it me or is the world breeding more stupid people now than it used to" and continued on the same theme. So yes, discussing the effect of generational changes is completely on topic.
Each generation is blanketed with certain stereotypes, these generation classes are made up by intelligent people and statistically most of that generation falls into certain fields. I personally don't really identify as either X or Y, but do understand that my age bracket generally gets labelled at both the MTV and the boomerang generation and can see those effects in my social circle.