The reality is, if we all, the audiophile community, heard no differences, wouldn’t the high priced gear go bye bye, or, just 1 or 2 manufacturers would be left for all of us ?
I'm not sure. First of all, we'd have to concede we don't hear differences, second, we'd have to decide that the other expensive hallmarks of quality don't matter enough to pay for. Finally, there are still features, appearance, and ergonomics to consider. In sum, no, I don't think it would change as you suggest. Consider the high-end watch business.
You bring up the sommelier analogy. I've always considered it a point in that industry's favor that it's highest accreditation requires an incredibly difficult blind (to label) identification process. But even in that test, there are many other hallmarks other than taste (color, viscosity) that inform the well-defined method that passes the world's hardest test. There is a great book about that called "Cork Dork" by Bianca Bosker, I highly recommend it - if you can accept a referral from a "troll" such as myself. Yes, I like wine as well, and I'm certain that enormous amounts of contextual subjectivity enter into my evaluation of each sip, and I'd love to understand it better. That, rather than stuffy assertions of exclusivity, is what the hobby is about.