Drafted a few things, but none really capture my personal feelings adequately. Will try to get a few things down below.
The smaller (insular?) modular community of 2012 was a thing to be cherished and the high entry bar in terms of limited stock availability/retailers, limited case/power options and slow churn of new modules meant that those who had invested in the hardware were likely to have invested emotionally & socially as well as financially. (parallels with monome.org)
As this required investment decreased, there became less need to adhere to community norms, as transactions were between businesses and consumers and less about person to person interaction. However the stock increased and barriers (technical, geographical and financial) also dropped and even the introduction of modular grid made planning and managing a modular far easier for a beginner to understand.
This is overall a great thing, and there are many manufacturers that have been able to support family/pay off debts/give up day jobs as a result. That should never be forgotten.
The kick in the balls to major music tech companies is an incredible disruption to an established industry and seeing a small company be the talk of Superbooth, shows that inginuity and clever design is not dependent on R&D, but by the new connected world that the internet has created, as the difference is now that a smaller designer such as Instruo can sell and market globally.
Tipping point is in my opinion a pejorative term, but things are very different from five years ago, and what was once a village is now a city. Whether that is a good thing depends entirely on whether you like to know all your neighbours name and walk everywhere, or want 4 different arts venues close by and sustainable jobs for many people.
As with all people trying to navigate a new city, your mileage may vary.