In the 80s and 90s some people were going crazy over HiFi, only the absolute high end products were just good enough. I remmeber seeing stereo systems for 50,000$ and more. CDs were already seen as inferior to records quality-wise, and speakers had to be huge if possible.
Today Wifi speakers are all the rage. The music is downloaded (precompressed) and then sent over Wifi or Bluetooth with (sometimes very) limited bandwidth to a single speaker which has the size of a laptop.
How does the audio quality compare? Is it like day and night? Or do the new multi room systems play in the same league as the old system that were used by enthusiasts? I often have the feeling that overall sound quality does not matter anymore as long as the bass is strong enough, but as I said at the beginning, my ears are not very sensitive.