I, too, listen to modern "hit radio" or whatever it's called, and am amazed by the quality, even if the songs are juvenile and repetitive. As a writer I am not interested in the kinds of songs I'm hearing, but I am fascinated by the sheer brilliance of the production.
Lately, my thoughts on this go back 40 years to when I had a 16-track commercial studio. I was mixing -- obviously -- with an all-hardware setup: 2-inch tape machine into an ATR-100 at 30 ips, forty or so 100mm real faders... But the biggest difference between then and now (for me) is that in the old days I had time-aligned UREI 813 monitors and Crown amplifiers playing in a professionally treated room.
Long story short, I was much less experienced than I am now,
and my mixes were better, because, I think, I was hearing everything accurately. I don't have the money or the space to recreate that setup today, so I am constantly trying to "adjust" to the inadequacies of my mixing environment. Not to take anything away from the terrific pros who are making these amazing modern recordings, but I wonder if the big edge the majors have is near-perfect monitoring.