No matter how brilliant, amusing or intelligent the creek of abstraction, Dadaism, Minimalism and Conceptualism of the 20th century was, it didn't much affect the historical river of figuration. I predict that in 50 years and in 300 years, figurative art will still be strong and important.
For the art-historically informed, no art has truly shocked since November 19, 1971, when Chris Burden had himself shot in the arm by a friend, at F-Space in Santa Ana, California. Sliced cows and surgically altering one's own face is aftershock art.