There are absolutely roles where the developer with more industry experience is unambiguously the correct choice. But if this is widely the case, then is there

There are absolutely roles where the developer with more industry experience is unambiguously the correct choice. But if this is widely the case, then is there a labour problem at all? If we are all trying to hire the guys with lots of industry experience and are all willing to let them ramp up on new tech while earning their industry experience salaries, then what is the problem? Everything is great if that is what is going on. However the horror story that I seem to be hearing from other people is that the big names in tech right now are only interested in hiring people straight out of college, hence the "college style" non-monetary perks and whatnot.