Have you recently watched some of the shows from 40 years ago? (the show is only 41 years old btw)
I’m of the opinion that while the show has changed over the years, so has the tastes of any viewers that were watching it 40 years ago. IOW, it was my teenage brain that thought it was funnier 40 years ago. SNL isn’t really geared towards people in their 50s. That being said there are still funny moments; and I still enjoy the show piecemeal. That’s the best thing about Hulu; watching only the clips of TV shows that interest me. I get a piece of Fallon, Kimmel, SNL, etc.