No. Technology made it possible for a lot of trash musicians to rise because recording is easy now.
When you break one of the entry barrier (the cost), the number of actors will automatically rise
That's why everyone and they mama has a podcast now, when 20 years ago, you needed someone to plug you in a TV network or the radio to have a big audience.
The same thing with streaming...
You don't need talent to make Fast and Furious; you just need money
Soon, some teeangers will be able to make Fast and furious in his bedroom because the cost will be gone.
The same way some teeanger can become a multimillion streamer straight from his bedroom
The old model is not gonna remain intact