It is a changing landscape. I'm 65 and enjoy my stereo system and speakers. My nephew is into jam bands (Goose, Grateful Dead, Phish, Widespread Panic, Spafford) and enjoys listening to albums and recorded shows, but he mainly listens through a headphone stack, not speakers. He has a decent 2.1 system in his living room but it is used 95% of the time for movies, not music.
Going forward, I can see cellphones having better DACs and Bluetooth becoming lossless to CD quality earbuds and headphones being the "go to" listening devices for the next generations.
Some will "back into" stereo listening via setting up a home theater system.
I'm happy to have come of age in the 1970s and will forever love listening via speakers most of the time.
