A recent study indicates that there is just as much good music floating around today as there was before Napster destroyed the world.
Anyone who has ever used TheSixtyOne knows that there's lots of good music being produced. So much, in fact, that it's impossible to listen to all of it. Services like Pitchfork and Rolling Stone review as many albums as they can, but even that is a tenth of the albums that they receive. When I worked at a radio station in the early to mid 2000's we had a team of four people listening to albums for broadcast. We listened to dozens of albums each week and it was still a small fraction of what was sent to us.