Gen Y and Baby Boomers Hold Similar Attitudes Toward Technology - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance
News
5/2/2007
06:48 PM
50%
50%

Gen Y and Baby Boomers Hold Similar Attitudes Toward Technology

A new survey shows both generations agree that experience is more important to business success than being tech-savvy.

While baby boomers report less ease with technology than their generation Y counterparts, both generations agree that experience is more important to business success than being tech-savvy, according to a recent survey.

American Express released a survey last week showing that 66% of generation Y entrepreneurs consider themselves tech-savvy compared to 47% of baby boomers. Still, 59% of generation Y respondents said older entrepreneurs have an advantage because of their experience, according to the OPENAges Survey by an American Express team dedicated to small business owners. Eighty-eight percent of baby boomers agreed.

Generation Y business owners were more likely (86%) than baby boomers (76%) to agree with the statement "Technology is vital to my business." Sixty-nine percent of the younger entrepreneurs agreed that technology is vital to their personal lives, compared to 54% of their older counterparts.

Both groups agreed that it is important to disconnect from technology during parts of the day. Seventy-one percent of generation Y respondents and 74% of baby boomers said so. More than half of respondents in both groups said technology intrudes on their personal lives, but benefits their businesses (56% among generation Y respondents and 58% among baby boomers).

The generations disagreed on America's global status in technology innovation. Only 38% of generation Y respondents said the U.S. is the most technologically advanced country in the world. Fifty-seven percent of baby boomers said they believe the U.S. has retained its lead in the forefront of technology innovation.

The survey, conducted by telephone by International Communications Research between March 8 and March 23, polled 602 business owners from companies with less than 100 employees. Half were between the ages of 18 and 29. Half were between the ages of 42-64.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
News
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Commentary
Where Cloud Spending Might Grow in 2021 and Post-Pandemic
Joao-Pierre S. Ruth, Senior Writer,  11/19/2020
Slideshows
The Ever-Expanding List of C-Level Technology Positions
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/10/2020
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll