I would say, a good conversation. Listen to him, ask question, don’t be too judgemental (and that can be hard). But also accept, that for a big part, you can’t form/force his way of thinking. In the end he has to find his own way in life.

You know this happened with cars also, until there is a new disruption by a new player or technology - companies are just coasting on their cash cows. Part of the market cycle I guess.