I think a lot of it is that as we grow and age we tend to not see the same things we saw as a 20 something year old. I am not sure the music industry has changed so much, there were always, (pre virus days), sold out tickets to concerts.
Generation wise is there really any difference, every generation goes through their wars, shortages, and governmental screw ups, nothing has really changed other than we have aged and forgot to make the changes we dreamed of as we grew older.
I guess age plays a part in it. However, I still have a problem wrapping my head around what we have on offer today versus yesteryear. I mean, Bieber and Cypus and One Direction or Michael Jackson, Dr. Dre and Guns 'n' Roses. Genres were being defined and created back then.
Everything now seems cut and pasted to appeal to mass markets. Anyone can be a star these days. There is no disconnect anymore, which is sad, to say the least.
I wonder if a part of that was due to the regionalism of the various music artist. London, Paris, East Coast of America, California, Seattle, and even Japan, Sweden, The Netherlands, Germany. It has all been kind of homogenized now, all blended up spit out and meets the needs of the mass media world. The sound is now the same no matter where you go.
Perhaps dsound, dtube, 3speak, and block chain can change that and bring the artist back to the stage.
Certainly hope that's the case, buddy. :)