Domestic audio is based on two simple processes: transforming movement into electricity and electricity back into movement. Easy peasy.
Audio engineers have been doing those things for ages. Have they improved their craft to the same extent as the people who, over the same period of time, earned their livings making, say, automobiles and pharmaceuticals? I don't know. But if it were possible to spend an entire day driving a new car from 50 years ago, treating diabetes and erectile dysfunction with the treatments that were available 50 years ago, and listening to 50-year-old records on 50-year-old playback gear, the answer might seem more clear.