Because of aging, hair cells are losing stereocilia and with them also sensitivity to sound – that is natural process. But that could happen also in one moment when one is exposed to acoustic trauma.
Video on functioning of stereocilia in laboratory conditions:
Keep in mind:
One must always keep in his mind, that heavily damaged hair cells die and are replaced with so called support cells. Human hair cells, in contrast with birds, fishes or reptiles, does not regenerate naturally, and up until now there is no known way to regenerate or to stimulate growth of new hair cells medically. Therefore one has to constantly take care about own ears, especially while visiting discotheques, night clubs, music concerts, shooting ranges, fireworks, motorcycles... etc.
More detailed information about hair cells:
http://www.ncbi.nlm.nih.gov/books/NBK10867/