The other side of the coin is that there are very real improvements in newer tech and companies, in my experience, are only willing to support continuing educat

The other side of the coin is that there are very real improvements in newer tech and companies, in my experience, are only willing to support continuing education that is directly related to the tech stack that they are using. So a developer that doesn't want to deal with already solved problems and who wants to advance their knowledge is incentivized to push for jumping to the newest tech.