The boomer sentiment of the OP aside, there´s one thought I keep having:
I actually pity the young generation for having everything instantly available. A sense of historicity is not part of experiencing music and the thrill of discovery is mostly gone.
On the other hand: The amount of people actually caring for these things has always been low.
Being into music and all that this entails changes. I´d also be disappointed if it always stayed the same.