What this article neglects is the ability of 'bright kids' to excuse themselves for giving up. Precisely because they're so bright, they can convince themselves very effectively that what is required of them for completing a certain task is too mundane for their 'smartness' or it is not worth the time.
More often than not, this ends up with a lot of lost potential, which is why startups are such good options, because any work involving them, is definitely not boring,and it HAS to be worth the kids' time because they set out to work on it, and it wasn't mandated by any external authority like parents or schools.