Regurgitated Nonsense

The conceptualized nature of the "poetry of old" has somehow lost familiarity or necessity in these more modern times. And yet, has it really, or has it simply been modified, transformed, engulfed by other genres attempting to make it their own? For instance, most people (within reason) view popular music (the rap and rock of this generation) as a poetic force that both feeds upon and creates this sort of structured cultural entity we've become. If you think that the music of this generation hasn't impacted our cultural identities (I would argue in a negative way), then apparently you haven't read a newspaper or magazine lately, or watched tv, or hell, stepped outside for that matter. So, is that which is impacting and affecting us poetry (as was the case in the past), or has poetry become an amalgamation of daily norms and rituals. Have we become poetry, then, in our very essences? Or is this garbage merely something for the swine?
I simply cannot view the lyrics of the majority of today's "poets" as poetry. There's no substance or deeper symbolic meaning behind the regurgitated nonsense these "artists" espouse. Where's the next Morrison, Hendrix, Barret, etc.? Where are the poets of this generation and why have we allowed these simpleton tourists to profit off the lack of symbolic meaning? These tourists have been comodified as has their "poetry."