Art today is definitely and absolutely still made with love and passion. Films like Everything Everywhere All At Once (or the recent episode of The Last Of Us) take a popular concept or franchise and make it their own. Fanfiction is still at crazy levels, thanks to websites like AO3. The book industry still has outstanding popular modern works which stand on their own and refuse to let genre define them. (Becky Chambers is my favourite for this, with her hygge scifi). There's also a whole host of internet culture - lots of tumblr tags and subreddits - that are actively filled with sharing, passion and community, not for good art that sells, but something that lifts the spirit in its own weird way.

Anecdotes aside, at least for independent artists it may be economical effects that constrain passion and make projects feel so for-profit. Which have always been a thing, unfortunately. Given technology, maybe there is so much art to consume that making art requires forgoing distraction and the general worry that the art will be bad (which is nonsense, because some art simply has a limited audience).

In today's era, stuff like EU art grants [0] can do some good, although I have the feeling that patronage-per-capita is considerably lower than it was in the past; it would be an interesting metric to look at and try best to increase.

[0]: https://culture.ec.europa.eu/funding/cultureu-funding-guide