Meanwhile historians are out there, regarding things from 500 years ago as modern.
However, when you tie the word "new" or in this case "modern" to a time period that was over a hundred years ago you are just setting yourself up for failure and have to make do with calling things "after new" or in this case "post modern". But then where will this end?
What was wrong with calling periods proper names like Renaissance, Baroque and Romantic?
Eras only get these proper names long after they're over. To people living during those eras, they were just "now".