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It's too sloppy.

There was a time when that span of time was a fair estimation of a "generation's" experience, but with how quickly technology advances and how drastically it proliferates and alters our lives, people are having vastly different experiences that were born a mere 8 or so years apart.

I, born in 1988, did not have the same experience as someone born at the end of the 1970's, and can certainly say I had a very different experience from those born in the late 90's.