I would say that Dimon and Buffet's influence is rapidly declining: the new world is rapidly approaching and these guys will find themselves becoming mere spectators to a revolution they don't understand.

I agree completely. It seems Buffett, albeit an upstanding guy, is passe. I don't think he is a snake like Dimon, just that he doesnt get tech. As fast as things are moving, it is beyond him.

The new world is driven by guys who are young and tech oriented. They are the ones who know what is going on since they are the ones shaping the future. The old model of looking at valuation, as an example, is passe since much of what is valued today cannot be adequately priced (like software, algorithms, etc..).