I think the other part to remember is that the author of the article is 22. I didn't need sleep either when I was his age. I don't mean he's naive, just that a 22-year-old can abuse their body without too many negative consequences. As someone in my late 30s, I definitely feel it when I only get 4 hours of sleep.
That was my first thought as well (I"m in my late 30s too). When I was in college I could pull several all-nighters in a row without feeling too bad, or get 5-6 hours a sleep a night nearly indefinitely without too much trouble.
I don't know what type of drugs you guys were eating in your 20's but if I pulled an all-nighter, I was absolutely ruined the next day and a bit the day after that. Even in my teens.
While consuming no drugs other than caffeine, I was regularly able to work for up to three days without sleep in my early twenties. At 48, I’m much more affected by my sleep schedule. Young people are simply more resilient, some more than others.
To pile on the anecdata: an all-nighter in my 20s was something feasible, even going through the next day (as in, day+night+day feeling fully awake, then resume usual behavior with normal night's sleep, and no further effects); at 25, this became harder, with a crash in the afternoon, at 30, an all-nighter meant sleeping through the next day, and currently just not getting at least 6 hrs of sleep will crash me the next afternoon. sigh
Another anecdote. When I was 19 I did a quick conversion job for a company. I'd take an early train down on a Monday morning, worked about 20 hours a day with just a quick nap each night on the reception sofa, and then a train home of Friday. I did that for two weeks, I was shattered but got through it OK.
Yup. Also in late 30s, and damn. I used to pull off all-nighters no problem in my 20s. Last night, I needed to do some work that didn't get done before, and by 2am, I was falling asleep in front of my keyboard. Ah, naivete of the young. :)