When I first started drinking wine back in the 70's, there was great joy in drinking an aged wine. Back then you could get Barolos and Riojas that were 10+ years old at a ridiculous price. And they were fantastic, much better than their young counterparts.
Now it seems that once a wine gets 8-10 years old they start losing their fruit and gain nothing in complexity (there are exceptions).
I know it's because of the higher demand (a good thing) and the lack of personal cellars. The winemakers have to do what sells.
But I feel sorry for all these new wine drinkers who will probably never get to see what a good aged wine is all about.