You're describing the music industry in general though. Specifically rap in 2016, fucking sucks. Yes, it's easier for some shitty rapper to get more known due to the internets, but that doesn't necessarily translate to any kind of real success. In the 90s for example, when rap was at it's peak, people were getting signed to major deals making major money with actual support and backing from major labels. I'd argue underground rappers were much more financially successful then they are today.
People in the 90's getting signed to majors weren't actually making money though outside of the top 2%.
They would get an advance, blow their advance on house/cars/jewelery etc., their album sales would rarely actually cover the advance. They would end up in debt. That's basically rap history 101.
You say an underground rapper was much more financially successful then, I ask you how? A couple thousand album sales where the majority of it went to distribution and shows in front of a couple dozen people was the pinnacle of success for an underground 90's rapper outside of Brotha Lynch Hung, Esham or the likes, basically a small handful.
I've met numerous "known" underground 90's rappers that lived in one bedroom apartments and drove a hoopty.
Take a guy now days like Action Bronson, he spent years as an underground rapper and the entire time he was known worldwide because of the internet, made money because of the internet, toured Europe because of the internet and all of this was before he signed with a major. There's numerous rappers in the same situation. Like the example I gave earlier about Flatbush Zombies, they have zero major label support yet are able to cash out on the internet and tour doing 3,000 seat venues.
A 90's underground rapper couldn't do near what an underground rapper could do today.
I also keep hearing people talking about the music being "garbage" or it "fucking sucks" and shit like that, once again that's all -personal- opinion. Some of you guys sound like those old people in the 80's and 90's saying "that heavy metal or that hippity hop ain't real music, Eric Clapton is real music" lol