I have noticed, and other people from "my generation" have noticed, that "Generation Y" is in many cases climbing ladders much faster than those of us who have put in years of hard slog. I am part of "Generation X" and it is strange to see how the "Baby Boomers" are actually giving those who have not even turned 30, positions of very strong influence - in fact in some cases "Chief" titles in fairly large companies - even though us "Gen X'ers" have the same skillsets.
I sit on the fence - age should make no difference in the scheme of things - and I have no doubt that many of them are intelligent, quick, politically savvy, etc. Yes, it partly does come down to "who you know, not what you know". But I wonder about their wisdom, people skills, and lack of well-rounded experience.
Am I jealous? Yes and no. I do try to just focus on my deliverables and not concern myself with this stuff. Regardless, I do wonder if I am the only one seeing this trend.