Actually that is not the case. Consider how the generational change just in the last 40 years.

in the 1980s, only the wealthy could afford mobile communications. Yet today, people in third world nations have it.

People always mess this situation up by overlooking the standard of living. 90% of the world lives far better than their great grandparents. When something becomes low to no cost, the closing isnt seen because it is no longer monetized.