Bands who play on proper venue stages are removed and distanced from their audience. The band-to-fan connections artists constantly seek to forge in live performance are made much easier and more frequently in the setting of a living room or back porch. You’ll also have a better chance at making friends with members of the audience and other performing musicians, because after your set, there will literally be nowhere to hide — unless you awkwardly pack up your things and leave the house without making eye contact or saying a word to anyone. I don’t recommend doing that.
When it comes to music “now,” it all depends on who and what we’re talking about. The stuff that gets advertised on harshly illuminated screens down on L Train platforms? The bands involved in what that Pitchfork describes as “the most important stories in music?” Spotify Playlists for the gym? The Bang On a Can Allstars? Generally, I mistrust these things, because I don’t see them making any attempts to use music’s great power to snap people out of the general stupor of malaise that seems to be a symptom of living in our times.