Sorry, we were talking at cross purposes. However, I still disagree.
Yes, we’ve had two new formats in the past forty years, CD and streaming. Maybe, some of us have the exactly same turntable they did forty years ago, but mine has got massively better than it was then. In general, they have come a long way.
There have been big technological improvements in bearings, motors, new materials for plinths, power supplies, isolation, MC cartridges, phono stages, optical cartridges, record cleaners, etc. Not to mention digital coming into the processing involved in making records and their replay. Vinyl has developed and evolved alongside the new formats.

