Is this still true, or is it 20 years from when you started thinking about how good things used to be? I ask because somewhere in there I assume there is a period where ICs were introduced but all the kinks might not have been worked out. It maybe that I have the time scales wrong myself though.
I cannot speak to whether this is still true for modern farm equipment for two reasons. First, my family ran a small livestock operation and older machinery was more affordable to buy/run/repair and fulfilled our needs. Second, the farm has since been sold and now I'm a mere city boy.
Does IC mean integrated chips? I have certainly read that modern farm equipment is less repairable, and I would not be surprised if they played a role. But I don't claim any knowledge about that. I may also have the time scales wrong.