"Continuing, then. The idea that extraordinary things have been fading from the world, or fading from Hyrule, has been around for a while, and it's always been hotly contested. If I'll count the reasons why for Cam's sake:
"Magic creatures have been seen less and less through all of recorded history, which scholars used to hypothesize was due to population expansion and natural industry driving them away from the mundane wilds into the fae realms. But as far as I know, there's never been any evidence ever found of 'fae realms' as a thing that exists, so it's a bit of a nonsense explanation! More likely, we've always thought, is that the old stories and legends are all exaggerated, and the more exaggerated the more mouths they've been passed down through.
"What's a bit more concrete evidence is that Hyrule has always seemed poor in magic compared to other parts of the world. We don't have legendary creatures, not as other lands would reckon them, anyway. The extraordinary effects of our plants and animals are weak, if you compare potions brewed from Hyrule stock to the ones we used to import over the sea. Again, it's often dismissed a selection or word-of-mouth effect, though there were studies that suggested there's truth to this."