Unlikely to get accepted by CNCF (I would think). There's big movement by the cloud vendors to create IAC-first APIs. Once those APIs gain traction and the industry as a whole signals that that's the direction to go, we'll see a standard emerge, and a new general purpose tool get built that will replace Terraform and all of its providers. That's a few years away however, assuming that effort doesn't die down.

Why can't that tool be terraform?