OP,
Your insight into the "audio hobby" is absolutely brilliant.
I'm also 28 years old. Unfortunately, people these days can't be bothered about achieving objectively better performance from audio gear. They don't want to learn or hear about technical jargon.They simply want technology to work for them seamlessly.
- is it loud enough?
- can i hear the lyrics?
- does it have good bass?
These are the 3 main requirements for of the average person who is not an audiophile / audio enthusiast. Party speakers, bluetooth speakers, and average home theater systems are all they need.
There is one big problem with this hobby...far too many folks lose sight of the real objective: The ability to enjoy our music unconditionally. You don't need a super-expensive reference system for that. Just ask Steve Hoffman...heck even my main system is too accurate on most tracks. Mastering errors galore!! I have to remaster the tracks so I can enjoy them again.
Try this:
Let go from being analytical about the performance of your system. Don't try to pinpoint what is wrong with how it sounds or what can be improved upon. Just kick back and enjoy. - focus on the lyrics, the emotions, and the overall feeling that you want from that song or album.
Most people are in this exact state of mind - Therefore, Lo-Fi audio does not bother them.
As for the future of this hobby...You will have 3 classes of audiophiles.
Class 1: They are tech savvy and understand audio at the studio level. They don't buy into bogus claims in audio. If they buy a costly piece of audio gear - that purchase would be justified by their knowledge and expertise. Over the years, they can experience unique set-ups and are fully satisfied throughout the process.
Class 2: They are clueless about how to match gear together, are not tech savvy, and buy into bogus claims in audio. If they buy a costly piece of audio gear - that purchase would be an impulse decision. Over the years, they pour tons of money into this hobby without experiencing much enjoyment.
Class 3: Act like they know everything, but have little to no practical knowledge to apply. They make bogus claims and dispel all truths with incoherent arguments. Stubborn as mules.
Overall, great perspectives from other posters too.
Cheers!