Rather gloomy and negative (no pun intended) in outlook towards the future of film. Expert though he is, it's only opinion, not hard fact. I believe that Thom Hogan went fully digital in his own photography some years ago, so he would likely have both feet planted firmly in the "film is dead" camp.
Actually, Thom Hogan thinks that film will survive, just like vinyl records (like the audiophile niche). That is very unlike the film is dead group who think that film has no chance at all for survival.