Basically, recording and mass broadcast means moderate talents lose nearly everything (as far as social, or even monetary, value of their skills) and discourage people from developing those talents in the first place, because those technologies place them in competition with people who are at the top edge of human achievement in those areas—including dead ones. It's broadened how many people get to experience those top-tier talents, and how often, but practically obliterated a formerly-major component of how people related to one another, socially.
The Internet has changed this a bit. Some folks have responded to the problem by digging hard into a niche and taking their act online, because you can succeed in an really tiny niche while being only pretty-good at something, since there are so many people that a niche with nearly-zero audience can still reach a lot of people, considered over the entire globe—think filk, or steampunk-themed music, or doing furry art on commission, or something like that. But in person value among their actual social circle, and among family, remains low, because Spotify and TV and Netflix et c. exist.