By the time people are in their 40s and 50s, work-related health problems aren't things people joke about during an annoying project. They're things that actually happen. Your typical competent 45-year-old sees an open-plan office and says, "No thanks", knowing from experience that such environments are not only unproductive but dangerous (cardiac issues, anxiety disorders, digestive problems).
Also, it's not only the noise that makes open-plan offices hell. It's the social overload of being visible to other people. (Open-back visibility, which causes vertigo and neurological problems, is especially bad.) People are bad at multitasking-- men are especially bad at it, but suffer from a Dunning-Kruger effect-- and having to dedicate a constant slice of brain-space to the appearance of productivity, in addition to actual productivity, means that a person is forced into a state of ineffective, frustrating, and just plain stupid multitasking for over 8 hours.