I'm not sure 'generic' is fair; surely it only looks 'generic' retrospectively, because it's one of the key films -- along with Die Hard, which you also mention -- in creating the modern action movie. In other words, it's been copied to death.
That said, I think the military grunts and money-obsessed company man were already stock movie characters by 1986. Then again, genre movies frequently rely on stock characters -- it's a form of shorthand -- so everyone understands where they're at and the story can get moving.
I don't think James Cameron has ever been particularly good at writing dialogue or characters, but he can craft an action sequence and he knows how to pace these things.
I agree with you, however. For me Alien is a vastly superior film. But I think it in large part comes down to where you like your emphasis placed: on the horror or on the action. I also personally prefer chamber pieces to epics.
This is basically the bigger, dumber blockbuster version of Alien, with added sentimentality via the child-parent bond. Cameron would go on to do exactly the same thing to one of his own films when he made the overblown Terminator 2. Take a simple idea and blow it up huge.
Incidentally, Starship Troopers is a satire; its dialogue is knowingly corny. The characters are supposed to be vacuous.
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