But as far as music production, I think we've definitely seen a boom in music exploration and creativity. Again, a lot of musicians are finding niche audiences -- audiences too small and insignificant to record labels who are looking for the next Fallout Boy.
I'd agree with you in saying that the music business is in a rut, because its goal of marketing the next hit artist for huge returns leaves a lot of talent unnoticed. But is music, as far as its creativity, originality, progression, and meaning, in a rut? I really don't think so.
Most people will always remain largely tasteless. That's nothing new. Popular music will always be worse than the real cutting edge, because pop music hit its peak and now it's in recline. The Beatles were that fusion of cutting edge and pop, and now that they're done music is changing again.
I agree with you about the rest, though.
That's my experience too. In the 90's, lots and lots of really good music was selling really well too. You could just turn on MTV (or the radio), and you'd end up hearing it.
I haven't been following new music for many years, because somewhere along the way all that changed. The last time I happened to hear the stuff playing on a popular radio station, I was taken aback by what passes for a hit these days.
But I'm practically a grumpy old grandpa now. I bet people who grew up in the 70's bemoaned the lack of good music in the 80's or 90's too.
I couldn't think of a better way to define one.