@HMR
Khans were butt of jokes when they first came. Mocked for height and looks and called less manly. Or too childish and boyish. Look where they are now.
New stars and icons come. Older ones may or may not accept their success but it does not mean there are no new stars.
That said, sheer craze like AB Sr inspired when, say, masses even took to roads to organise prayers for him when he had accident, or queues outside theatres for his or Khanna or Dharam's films or people ready to riot for tickets of Rajinikanth films etc will become less - not because actors have no craze but because audience has more options now. More screens, ability to download or see films online, social media, piracy, exposure to global content etc hence no hero worship or willingness to pray for or kill or die for a movie star. Overexposure of stars through media has also killed their mystique. Nowadays they are so much even on social media or ads that there is no craze or curiosity to see them onscreen.
I read once how people would get into tractors, trolleys, trucks and bullock carts and make trips to cities to see Dharam's films in Punjab as if travelling for a fair. That kind of craze is not going to be there for any star given how content is available on even cell phones now.
If at all, stardom or craze declined it will be due to lack of good writers like Salim Javed, excessive rise of technology and exposure to global content and overexposure of stars.
I personally feel today's stars focus more on looks or fitness or PR and less on acting or cultivating personal charm or aura. If they keep unique persona like each Khan, Bachchan, Dharam, DK, Dev Anand, RK Sr, Rajesh etc had, they can do fine.
Audience is also more literate and mature now. Just because no one writes letters in blood to stars like they wrote to Rajesh Khanna it does not mean there is no stardom. Only expression of admiration for stars changes as generations attain more maturity and no longer worship stars like gods.
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