I think that may be stretching things a little. At current rates of progress we can expect to get 10 x 8" quality from a camera the size of a Rollei 35 in the next forty years. However announcements about the death of film, like the demise of most established analogue formats in the face of something new and sell-able, was very much premature.
Originally Posted by David Lyga
What's most likely to happen is the development of a flexible digital format that fits 35mm film cameras and mimics all the films we've loved and lost in every detail. 35mm is relatively vulnerable as it requires industrial size plant to manufacture it. By contrast, large format traditional processes can be home made. I think there'll come a point where even traditionalists admit digital gives them everything their film cameras did with extra convenience, but we're not close to that yet, so keep shooting film.