People have said the same thing about music forever, nothing's really changed. In the 60s there were people who said the same things about the '20s and '30s. There's a name for this phenomenon, I read an article on it in my English course.
IMO anyone that thinks that music more recent than 1980 sucks in general needs to get their head out of the sand and move into the 21st century. The groups that people listen to now are the ones that will be remembered. I personally love Cream, Hendrix, Zeppelin, Bob Gnarly, etc etc but there's good artists that are current too.
And I don't think anyone in here is hipster... Or maybe I'm a hipster because I've heard of all these artists? I don't even know what hipster is any more, somebody told me Kid Cudi is a hipster because he wears scarves.