But some great records are are being made with today's technology and there are still great artists among us. Likewise there are artists today who are so reliant on modern technology they wouldn't have emerged when recording was more organic.
There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford there were something like 500 automotive companies that got funded had the internal combustion engine had the technology and had the vision. Sixty percent of them folded within a couple of years.
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I think that there are changes that have occurred in technology that make is that more people can have the same level of information that I have. My advantage is that I'm very good at interpreting the information.