Soundwise, yes more so in an outdoor concert and when multi bands use the stage, hi-fi may be better.
However, within a good concert hall setting and when instruments tend to be more acoustical, live performance far surpass hi-fi. Vocals, especially when good microphone techniques are deployed are the best live.
Small club settings in my opinion often yields the best both sound and visual.
The additional stimulant of live performances is of course the excitement of witnessing the whole visual experience and rapport with the performers.
Good live performances are always my benchmark for hi-fi.
However, within a good concert hall setting and when instruments tend to be more acoustical, live performance far surpass hi-fi. Vocals, especially when good microphone techniques are deployed are the best live.
Small club settings in my opinion often yields the best both sound and visual.
The additional stimulant of live performances is of course the excitement of witnessing the whole visual experience and rapport with the performers.
Good live performances are always my benchmark for hi-fi.