What the internet and the modern world definitely do is level the playing field. Big time. Basically everybody can have professional tools at their hand. For free.
You can grap a guitar and spend the next three years flat, 8 hours a day, surfing youtube and learning how to play it and become an expert without ever setting foot into a classic music school.
Same goes for digital fine art. There is an abundance of digital painters out there that are at the level of the grand masters of old and perhaps even beyond. Because they have an abundance of paint and canvas. And many of them are still students and do art in their spare time.
You can go online and find videos of dancers no one has ever heard of and yet they belong to the best in the world because they've spend the last 4 years practicing in their parents garage in their spare time.
You find films that would've cashed an arthouse award on the spot 30 years ago but today barely get a few thousand views - because equipment is basically free and the entire world is making films.
What the internet does is take away the cultural hegemony of the academic field. It's not that the academic field is yelled at it's more like it's simply ignored and completely steamrolled without academic smart-alecs ever knowing what hit them. A university professor of music that merely focuses on classic and maybe two pieces of John Cage today would either have to admit that he doesn't really know that much about the world of music world today or risk being called out as being silly, stupid and ignorant. Old-school media critics know zilch about videogames and are so disconnected from what's actually happening they couldn't even form a useful opinion - allthough they sometimes do try.
An academic definition of science-fiction literarture I found in a school book two years ago is so stupid, you wouldn't even believe it.
Another very good example of this is the demo scene. They've been doing the worlds best multimedia artpieces for decades but are basically completely ignored by the academic world. Yet no one in their right mind would say that what the demoscene does does not constitute fine art in its highest form.
Art is doing great. Better than ever. The concept of what constitutes 'real' art and who gets to decide about it gets shattered to bits and pieces every day though. And that is a good thing.