The fantasy world had already happened, now we have gunpownder.
elves almost vanished from the world, leaving behind ther civilization basis for the humans.
orcs and goblins are still a problem.
dwarves almost don't get out of ther montains.
no magic user is seen for generations.

the world had become boring if you are an elf, if you are a human it is a time for discovery and relative peace.