They now have a navy larger than the U.S. and they're not interested in military power? lol

If you mean mainstream chart dominating, stadium filling, creating the zeitgeist for a new generation, then yes (and I miss it very much). As far as commercial viability as in, new bands being able to make a living producing and distributing albums and touring with new generations starting them and enjoying them from the audience, then no.

I really, really wish I could have gone to the Taylor Hawkins tribute concert, watching that I thought that it was probably the last great stadium rock show, but who knows; though I will say that the energy isn't the same when it's mostly older people and not thousands of people in their teens and twenties going wild. Music works in cycles, people WILL get tired of the presently dominant trends and there are a lot of young people who are into rock, real instruments and the whole vibe that goes with it.

cries in they've got it turned up so loud it's overwhelming my ears to the point of distortion

Time and memory are so weird. I didn't even remember seeing this but I left a comment ten years ago! lol