The whole mega-corporation that was “Stoking the star-maker machinery / Behind the popular song” as Joni Mitchell put it, has likely reached its senescent form for exactly the reasons Van Zandt mentioned. But rock ‘n’ roll will never die, at least in the sense that we still have Tibetan nose-flute music after all these centuries. Springsteen would suck at that, too.
Funny you mentioned it— but listen to this rockin’ tune from a Mongolian traditional band (throat singing difficult to do!). Pentatonic minor runs in the middle. A song about Mother and Motherhood! The Altai Band, playing for leaders of Mongolia, the Khan of Mongolia and his wife:
https://www.youtube.com/watch?v=oIRzTd_Rtqc