A huge amount a has been discovered since then on how how the brain decodes sound, and therefore how abstractions like music are communicated… and in parallel the pace of technology development has been immense allowing more accurate methods to be adopted… but yes the ways of implementing the new approaches need to learned and not all implementation of new technology will get it right… clearly… it’s just the gamut has been widened.
Sure the analogue amplifier, current to voltage conversion and analogue low pass filter stages are important yes, but the discrete to continuous signal conversion and how it is implemented is essential for optimum communication (which I think is the point you are referring to)…it is a lossy imperfect process … and those imperfections have started to narrow slightly in recent years through the advent of new technology enabling different reconstruction techniques that simply were not practical or possible years ago.