Not (entirely) blaming the younger generation, but it's all now down to get it fast, cheap, dispose and of to the next thing tomorrow.
It was the same 30-40 years ago, but we still had to buy it, if we want to listen a song more often and therefore appreciated the sound quality.
Spending any money on "quality" and stick with the same appliance, gear, TV, or Hi-Fi equipment for a few years is alien to a lot of people. It's mostly, having the newest tech, no matter if you will use it in the near (short) future, even if you won't use never.
These days, people need to be entertainend visually or by clicking on something.
Fewer people these days can sit still for 1/2 an hour or more and really listen to music,
headphones or over speakers.