Yes I'm an old codger saying keep off my lawn, but it's more than that. These kids were cheated in the quality department. Audio experience delivered to consumers has degraded across the spectrum because of diminished expectations and mass production choices. I have a mono '70s portable radio with a 6" permanent magnet speaker cone that delivers such impressive bass you forgive the distortion. Boom boxes of the 70s with even simple crossovers and dual/triple speakers per channel were magnificent, but large. The irony is that as the quality of magnets and materials improved, the industry was already on a track that emphasized smallness and thinness over everything else. I could sketch a graph that shows general improvement of quality over time for everyone, because that was the expectation. Then it plateaus right around the time mass production was shifted from Japan to China, and a separate overlapping curve which represents those who can discern quality and are willing to pay arises. Today if you can discern quality of sound reproduction you are part of a small captive audience and despite improved technology and materials, your choices are limited unless your funds are unlimited.
Simpler put, 'high fidelity' has become a boutique item. And as expectations fall, it's going out of fashion.