That’s an interesting perspective and I don’t disagree. Disposable audio perhaps? I mean, if you buy a $399 dac/streamer and it breaks, might not be worth repairing?? I mean, I see my kids (both have jobs and use their own money) just buy new ear buds when the old ones break. Maybe it’s a generational thing? Disposable audio.Vinyl is alive and well for young people people. Whenever I go to a vinyl shop they are loaded with teens and young adults. A good friend of mine has 2 daughters in their 20s and they are into vinyl.
The elephant in the room is price with high end gear. Young people don't have that kind of money and they worry about the cost of living and money.
Besides, you can put together a great sounding digital system for $1k to $2k. And a vinyl system for about the same.
The issue with the ChiFi gear is reliability and disposabilty. You can't get that stuff repaired.