We've known for a long while that slide was in decline but this Kodak thing has sent shockwaves through the community. Its the people at the top of the company that are to blame for all this.
As to what we can do about it. Not a whole lot really. David Ward does face a tough challenge but its not impossible. Using 4x5 he can use scanning backs and post process it. As for the rest of us, we'll just have to settle for the fact that Kodak emulsions aren't going to be available. Lets just support the companies that are committed to us like Ilford.