I think you might be more accurate to say 'dead among highly innovative startups and tech giants'. You are probably totally correct long term on the dying, but it's going to be a few decades before Fortune 1000 and especially healthcare conglomerates move everything away from private cloud virtualization. Inflection points aside, that massive change takes a long time to be realized.

Your original comment makes it seem like it's all passé and old hat. It's going to be part of business in general for a long time and someone is going to have to work on it and develop it until it's gone.