I feel bad for GenX'ers that missed out on the 60s and 70s.

For those who may not realize in this age of easily obtainable music, back in the day we had to spend our hard earned money on albums (and before that on 45s) if we wanted to hear music we liked on demand and that was the differentiator between good and great music. We almost always waited for the third song from an album to be played on the radio before we spent that hard earned money. If you bought the album after the first song off an album was played on the radio, too often you got burned by one good song and some filler. But if there were 3 good songs, usually the entire album would be good. So there are plenty of bands (Dire Straights being one example) that I might have liked and thought were good, but they didn't get me to spend my hard earned money on an albums because I may not have heard that 3rd great song on one of their albums. Spending that money was the great differentiator.

slaint

Of all those bands you listed, maybe only The Police and Prince could creep onto the list given by the OP (BTW, he forgot The Who). This in no way means that the bands you listed didn't each produce a few songs that might measure up to the songs of the bands in the original list, it just means the others didn't have the longevity and as large a catalog of great songs as those on the original list. Your list collectively? Absolutely great stuff. Individually? Good but not quite on par with the original list. Elton John had 6 straight #1 albums. Go listen to Stevie Wonder Talking Book, Innervisions, Fulfillingess' First Finale, Songs in the Key of Life in order. And that doesn't even mention the five greatest rock bands of all time in order (my opinion):
1. The Beatles
2. Led Zeppelin
3. The Who
4. Rolling Stones
5. Queen

bdp24

I would welcome any advice you have on new (last 20 years) music that you think is great but under one condition. If you honestly think that anything Dylan has done in the last 20 years is as good as anything he did in his first 10, then don't bother because I know anything you suggest will not be great. I've searched for what I consider to be great new music and I just don't have much luck. Not a fan of hip hop or rap, although I've tried hard to understand both.
I've had two people tell me that The Strokes are the last great rock band, so I went and listened to their first album (it's supposed to be their best) all the way through. They use the same mundane, repetitive guitar picking on almost every song, have no backup singers or non-typical rock band instruments, and just generally bore except for the song Last Night. I'm sorry, but one decent song does not make for a great rock band. 

discopants

"OK boomer"? Like most everything about the overly privileged generations that came after the boomers, even your putdowns are lazy. Learn to put together a good put down, you conceited, lazy, crybaby about literally everything (don't take that personally, it was meant for all generations after the boomers). Boomers didn't sit around complaining, they worked their butts off so you could have a better life. Even your music is lazy, all stripped down, uninteresting, and totally dependent on not much more than a loud beat.

tyray

Hendrix was absolutely amazing, but 3 studio albums is not enough quantity to put him above any of the others on my list. And of much, much less importance (maybe even zero significance to some, to me it matters), Hendrix never had a song go higher than 20 on Billboard. People weren't rushing out to buy his albums on the day they were released like they did with The Beatles and the Stones.