Comment by darkerside

Didn't our parents also think our content was objectively inferior to theirs? I would personally agree with you but it may also be that we don't understand the new content well enough to properly value it.

And, I do think even for me personally that mediocre content today is much better than the mediocre content of the past. The average is higher even if the peaks are not (and those peaks are probably overestimated due to survivorship bias).

Tldr, there used to be a lot of crap and we forgot about it.