This kinda just seems like a side effect of just not being tuned into current modes of music consumption - it’s Youtube and Instagram, Twitch etc.
As far as fewer new players goes - I think that was a trend but it could be reversing according to an article I just posted on here yesterday the pandemic brought us a solid 16 million new guitarists, so maybe we’ll see a huge burst of talent in a few years. Plus with companies like Harley Benson putting out very affordable guitars that are actually moderately good quality, mass produced guitars are very available for like $200 or less.
Here watch this - how many of them were you already familiar with? Jared Dines is pretty great at gathering a ton of top players together for these collabs: