Perspective is somewhat off
It's easy to bash audiophiles when your reference is MP3s, earbuds and bookshelf speakers. Even well-recorded CDs without compression have sonic limitations.
Unfortunately it will take more than new IT advances and software to bring the sound of a live orchestra to your living room. Sure DSP room correction will help some.
But what about the power and movement of air of a triple forte, the top-to-bottom coherence, unlimited bandwith and unrestricted dynamic range just to name a few things?
Listen to a pair of $200,000 Wilson Alexandria XLF speakers in a treated room with state-of-the-art electronics - and yes cables - to hear how close we can come.
Until then, you have no idea.