Is the idea of audiophile listening a dying concept as boomers die off?

Very interesting subject. My kids, 23 and 26 yo, have zero interest in my system. Too bulky, too much of everything. This is despite probably a 50k investment over the years (system, LPs, and CDs). Neither want it. Too much work. We own a 2nd house that my daughter lives in while going to school. It is like pulling teeth to get her or her boyfriend to mow the yard. Just a different mentality now a days. I suspect this lack of enthusiasm rolls down hill. However, I suspect there will always be a niche. That niche can not just support high end users. The market would collapse. One can't say that all high end audio equipment is out of reach for the common man. Look at Schiit. Great product, great price point. I think there will always be options available but maybe not as many as previously. 

Many of the younger folks are not into acquiring things that tie them down. That’s why streaming with their phones or earbuds is so popular…in addition to being way less expensive.  Many are also controlled by what’s socially acceptable too. I believe Audiophile's will always exist as these younger gen’s grow up, get more disposable cash and they become are less mobile.  I see the expansion of hifi desktop speakers, powered speakers and hifi integrated systems as a means to attract the upcoming audiophiles.  

I went to law school in my late 40's from 1999-2003. I owned a stereo shop at the time. One girl said that she didn't understand the need for expensive gear because her boom box played louder than she needed. This was a law school student not the village idiot. 

Check the demographic at hi fi shows - male and old!

Lot's of women enjoy other predominantly 'male' hobbies; cars, motorcycles, mountain biking, competitive shooting, gardening.  

Any thoughts on why there are not more women audio enthusiasts? 

Bottom line for me. Industry is doing fine. Look at any of the recommendation threads here. 1 question, 100 brands mentioned and recommended. No real consolidation, no companies dominating the market, lots of new entries every year and very few companies that seem to be shutting down. Especially the amount of cable companies always amazes me. Low initial investment and high margins it seems. 
 

Forum is always active, I think we are in good shape…