Does Hi Fi still exist?

Have you been wondering lately if Hi Fi, the high-fidelity audio experience, still holds a place in today's digital world? With the rise of streaming services and portable devices, does the pursuit of crystal clear sound quality through dedicated audio equipment still resonate with consumers? Is there still a demand for those who appreciate the nuances and depth that Hi Fi equipment can deliver, or has the convenience of instant access and portability overshadowed the traditional values of Hi Fi? Let's delve into this question and explore the current state of Hi Fi in the modern era.