we still rely on bright orange "crashproof" boxes filled
with magnetic tape and a 30 day transponder to track commercial jet
catastrophes.
It has been quite a while since flight recorders using magnetic tape were used in new aircraft.
Both the data and voice recorders switched to flash memory chips quite a while ago.
As to "Moore's Law" progress, the voice recorder has not moved much, upgrading from 4 channels on a 30 minute loop many years ago to 4 channels on a two hour loop more recently, but not many people could be found to advocate that 8192 sound channels on a 16384 hour loop would help many crash investigations.
However, on the Flight Data Recorder side, there has a huge upgrade in number of channels. In my youth, a group of styli scratched grooves into a roll of foil tape to record aircraft heading, altitude, airspeed, vertical acceleration and time (four parameters, discounting time). Modern ones record many, many hundreds of parameters, some at pretty high resolution.
The appetite for channels and on some parameters, for time resolution has surged along at a rate that would give pause to anyone proposing a real-time uplink scheme, as it would threaten to render obsolete any scheme within a few years. The few satellite systems which provide global coverage without requiring large, actively steered antennas, would not support the required bandwidth, so folks idly proposing this are in fact proposing new satellite systems, probably Low Earth Orbit, which was not much fun for the last batch of firms that tried it. A scheme for which both Bill Gates and Motorola contributed a major business failure needs a careful look before trying again.