Markets will follow the demands of the majority ever more as our society continues to homogenize.
macrojack,
C'mon man. Is there a black cloud over the town you live in that won't go away?

I can give you tons of developments that emerged because of technological advancements, from fertile minds that created demand, and markets, not the other way around.
Dolby noise reduction, Dbx noise reduction, Dolby Digital Surround, DTS, the invention of the CD, DAT, Minidisc, MP 3, DVD-A, SACD, Q Sound, Server based music systems, Blu-Ray DVD....
I'm sure I'm leaving out a few...
Companies want to render what you currently have as obsolete. The best way to do that is with better quality, not worse. It will get better. It is getting better.
Just look around, and you'll see the progress of emerging technologies. There are a number of manufacturers here on AC even, that are on the cutting edge. Their businesses are growing, not shrinking.
Cheers