Oh yes, definitely, very not new...
During the Industrial Revolution, factory owners were declaring that it was a waste of time for children to be going to school when they could better be spent making money mining for coal or scrubbing pots in factories. Why waste their time learning when clearly a child's life is better spent earning profits?
Unfortunately there is a reality to this. During the industrial revolution, children worked all week and the the factories complained that they were not available at 7am for work on Sundays. Parish leaders said that this is when they were to attend church, so the factories suggested that the church services be conducted at 4am so that the children were still available for work at 7am.
The second is the reality of why unions were formed. Child workers were preferred over adult workers because their small bodies allowed them access areas to maintain the large machines to keep them running. If the child got caught in the machinery there was no need to stop the machines because the child's bones were soft enough to not interfere with the operations of the machine, unlike an adult whose bones would jam the machines causing production to stop.
We are in technological vs industrial revolution, preparing to repeat history by chewing up children with a new technology. Having said that, and before the usual union bashing starts, I started my IT career while I was still at school and did the very thing these teens are doing, during the 80's. Not doing a degree early in life was only a setback to getting to interesting work later on in life when a degree was mandatory. I doubt this will change. I doubt the children will work an 8 hour day, I doubt their friends are invited to facebook as well.
The difference here is young programmers have plenty of good ideas however their code is generally pretty ordinary, working longer hours instead of smarter hours - which is ok for companies that either don't understand or can mitigate technical debt. The problem is that they are using that energy learning how to be good employees instead of learning how to be good entrepreneurs, creating good businesses.