"there is no competition to make sonically superior music so there is no reason to spend any money doing it."
That is an excellent point!
Fact is most get much better sound quality overall these days via even portable devices and headphones than ever in the past. Plus mobility and mobile applications including entertainment is where it is at these days. Nothing there really to push high end home audio anywhere much beyond where it already is as a niche. Plus most people can't afford a lot of high end audio stuff. So we should be happy that sound quality of modern recordings is as good as it is, which overall I would say may also still be the best as a whole overall than ever as well.
That is an excellent point!
Fact is most get much better sound quality overall these days via even portable devices and headphones than ever in the past. Plus mobility and mobile applications including entertainment is where it is at these days. Nothing there really to push high end home audio anywhere much beyond where it already is as a niche. Plus most people can't afford a lot of high end audio stuff. So we should be happy that sound quality of modern recordings is as good as it is, which overall I would say may also still be the best as a whole overall than ever as well.