No, quite the opposite in fact.
I own a tuner from 1975, cassette decks from 1979 and 1983, a CD player, DAC and preamplifier from around 1995, step-up transformers from around 1980 and my cartridges range from 1980 – 2009. My two pairs of speakers are from the late 70s and 2003, though my cable is relatively new. The newest thing I own is my power amplifier, from 2021.
So, my system consists of mostly older or even vintage gear, but it’s a mix and constantly evolving as most people’s systems do, if they are actively seeking to improve them.