Please believe me that I don't mean to sound cocky in saying this, but I've been working with audio editing software for years and have seen waveforms like this for just as long with recent recordings.
It pi**es me off, actually, that it's become so commonplace with recent mastering. It's gotten to the point where I'm surprised when a recent (popular) recording DOESN'T look like that. I still DO get surprised, however, to see how many discs go above "0" dB.
It's one of the biggest reasons why I'm re-exploring vinyl. Since those graphs are results of compression and normalizing in the final mastering stages, I'm hoping that some LPs are NOT mastered the same way....i.e., despite surface noise, etc...some LPs might actually offer superior playback because of the final steps of mastering for CD not having been done the same heavy-handed way.