Computer Science was still trying to figure out what to teach. Simply put, there are smarter mice out there, and they will continue to get smarter as we educate them more. Hackers today are smarter and better equiped than yesterday. No more 4AM 10-way links. A hacker's definition has changed.
Simple fun is considered a trivial challenge, today's hacker needs something really tough.
Today society has a lot more liesure time than ever before. Tommorrow will be even worse. These are young people looking for things to pass the time. Today's society is too easy - real creative challenges are in craking computer systems, and keeping systems programmers from getting good night sleeps. Changing the laws and jailing children will do something.