Security, Privacy, and the Generation Gap

The Internet is the greatest generation gap since rock and roll.  The older of us need to be prepared for a younger generation that lives life on the Internet, doesn't understand where their computer or smart phone ends and the Internet begins, shares passwords with their friends as a sign of trust,  and deliberately lies when registering for services.  At the same time, both technological and business trends point to less user control (both security and privacy), and laws are leaving these trends alone.  What will security and privacy look like in this new world?  Someone needs to figure it out.