Here is my comment to Jay...
Well Jay, appreciate your concerns. All of which are elaborated by the 809 comments before mine. That number alone tells me the situation isn't that dire. I'm in my eighties and started out with a crystal radio and an amateur license. I'm reminded our musical beginnings that were very social and included dancing to the music with our girls. Even from those scratchy little AM radios. Now have a silver cabled, low six figure system. Wilson, dCS, C-J, Shunyata, etc. Nobody really cares and that's okay. I really enjoy it but don't stare at the wall... I always read while listening and my wall is glass looking out at a small lake. The smartest thing I've read on this topic was by an intuitive fellow who suggested there is no lack of interest in music now but that how it's enjoyed will change. It will be different than our big boxes and tubes. Younger folks will decide how they consume their passion and in total, the same approximate but small percentage of them will be fascinated with a desire for extreme realism from their media. And they will come our way but differently. Perhaps it will look a lot like the great French manufacture Devialet with their advanced electronic, audio and styling concepts. Just stay tuned. All good.