[makomk]

It's not going to be self-correcting because - at least for startups - the VC companies providing the funds also believe that older programmers are no good, and companies aren't going to survive very well if they run out of funding. Plus, once companies get past the VC stage, this is likely to be deeply embedded in corporate culture and they'll be at the point where they're established enough that they can do worse than the competition and still succeed.