With some exceptions, enthusiasm in technology is in decline in general. We are peaking in terms of rate of progress across the board, from computer speed to smart phone innovation to TV specs. When's the last time ordinary folks got excited about a new phone release? Who cares about a TV larger than 60 inches? It's not like most people can even afford a wall big enough to put it on. Who cares about anything more than 4k on a tiny screen?
Meanwhile, the cost of living is only increasing, and consumer trust in product life support is in decline. Stories about TVs listening to private conversations, or holding your device hostage for forced TOS updates, anti-right to repair, the mountain of e-waste and micro plastics, pervasive DRM, enshitified services, subscription hardware...
Should we be surprised? No.
The only thing that gets me excited about tech any more is repairability and offline/local networking.