Below is a quote from the late Gordon Holt:
Audio as a hobby is dying, largely by its own hand. As far as the real world is concerned, high-end audio lost its credibility during the 1980s, when it flatly refused to submit to the kind of basic honesty controls (double-blind testing, for example) that had legitimized every other serious scientific endeavor since Pascal. [This refusal] is a source of endless derisive amusement among rational people and of perpetual embarrassment for me - Gordon Holt
A procedure for critical evaluation; a means of determining the presence, quality, or truth of something;
IMO audio hobby is stronger than ever with companies routinely offering higher and higher price components, wider selection of quality products, to my EAR superior SQ ... This is not a sign of dying but growing
industry.