I think it depends... where I am now (third from last day), I'm one of the younger devs at 46yo. which is wild to me... about 2/4 of those here older than me have little interest in taking on new approaches or techniques. The other 1/4 absolutely work to stay current. Some are coasting to retirement, others of us don't ever plan to stop.
I will say, my recent stint of interviews over the past 6 weeks or so has been pretty painful. Everyone seems to be going through 6+ interview stages. The reality, even then, I'm not sure they're getting a great signal:noise outcome. Some of the tests are for things that will never be used for those jobs on any given day.
I do miss my 20's when an interview was maybe an hour and a half on an afternoon, and an offer shortly after.
It's crazy, I wonder if it actually works and they actually get a higher percentage of good coders. I just do a face to face, then a take home assignment, then another face to face where we discuss the take home, and then I immediately make the decision. I skip the take home if they've got impressive GitHub accounts or other clear public displays of skill.
I will say, my recent stint of interviews over the past 6 weeks or so has been pretty painful. Everyone seems to be going through 6+ interview stages. The reality, even then, I'm not sure they're getting a great signal:noise outcome. Some of the tests are for things that will never be used for those jobs on any given day.
I do miss my 20's when an interview was maybe an hour and a half on an afternoon, and an offer shortly after.