For hundreds of years musicians have survived by touring the country and playing for tips. If they were lucky and talented they could get patronage from a wealthy supporter of the arts. All that is happening is that we are returning to this tried and tested model.
The generation that screwed this system up was once again the baby boomers who funded the creation of giant music companies and fuelled the egos of self entitled singers and musicians who believe that because they can write 2 catchy songs per album and sing in tune should be excessively compensated for life. Fuck em.