In general, I think there's a relatively healthy balance, albeit, with a fair bit of animosity between the sides.
The thing about "outdated technologies" is - they work. It's really easy to see in the software world, where I will choose a battle-tested technology any day, over the new flashy thing that everybody's buzzing about that is in theory or with many iterations will be great. So why would other industries be different? Surely there will be a drag from people whose wealth depends on the technology/approach being used, but that's just how it works. If I put a lot of effort into developing a thing, I will defend the thing as much as I can, and it's the job of the newcomers to push me over with big enough arguments.