However, you don't need to be 94 to be brilliant either.
When you're young you have fewer commitments, more time, more energy, and an ability to recover from marathon slogs to get work done. Your lack of experience may hamper you in some fields, but it also allows you to see the World from a different angle which might, given your field, be an advantage.
When you're older, you will have far more experience, insight, and the ability to allow your subconscious to bring together disparate experiences and thoughts into new ideas. However, you may be cognitively locked into seeing things a certain way, you will more likely have other draws on your time and you're less likely to be able to do (or recover from), 100-hour weeks.
Both groups have something to offer, but the idea that one group is better than the other is ludicrous.
Young people are not smarter. Old people are not wiser. They each just have different life experiences, abilities and ways of prioritising time.