As well as this, I think it's also perceived to be a clunky old language. Our modern languages have much more ergonomic build systems, are much less verbose and have coding conventions tailored to modern tastes.
This is important, so I predict that over the next few years, as the 20-30 year olds of today gain more senior positions, they're going to choose python, JavaScript, kotlin, golang or rust for new projects.
If it's not growing explosively - it's dead.
Do I really need a "/s" here?