Perhaps, but at least SNL still produces OC.

EDIT: I mean that as a joke, Reddit still has a ton of good content, just a lot more shit to shift through in order to find it.

Here's the thing though, a lot of the smaller subreddits are ghost towns. The few with active participation seem to follow the same curve where they ride nice for awhile, then suddenly blow up and and the quality drops overnight (we all saw this with Bestof, which despite numerous rule changes and still being a decent subreddit, is not nearly as good as it was a year ago) or they're mostly discussion based subreddits which lack a lot of outside content so they same old discussions repeat again and again ( photography and photoshop come to mind.) Slightly larger subreddits which get better content and have good conversation all tend to be more fanboy things (r/Apple and r/Android) and tend to be a bit of a circle jerk (which really is fine, they are by definition fan based subreddits so of course fans are going to be fans) there still tends to be a lot of good info and conversation though.

My big problem is that there no longer exist places on reddit to have a more general intelligent conversation. Politics, News, Technology, and any other broad based topic is dominated by the same old tired puns, memes, reposts and ideas. Over and over, post after post. I would love a subreddit were news was submitted, and people had an honest conversation and breakdown on it. I don't want to always be browsing highly specific links.

Gotta hand it to high capacity MP3 players for the time being, until the cloud and wifi become much more ubiquitous there will be no substitute for having your whole library in your pocket. But honestly, I don't need that much music on me all the time. I rotate a few gigs on my phone and stream the rest of my library through Play when I want it. And that 160GB iPod is not a tank, bounce it around in your pocket for a few months and it will die. I've had two HDD iPods and they both died after about two years even though they were rarely dropped, but having a physical job and them being in a pocket shook them consistently enough that the drives eventually petered out.

If we ever achieve a true AI. I think were more likely to initially achieve a ridiculously powerful system which will be able to weigh options and outcomes far more effectively then any human or group of humans ever could but would still ultimately depend on human programmers to guide its goals (thus drastically coloring any outcomes.) But by that point we will beginning to step towards extreme integration of the human mind and machine, thus eventually creating a human network of so that can draw from the processing power of a billion brains, and a billion minds which have instantaneous access to all information to guide their individual goals. Such a reality would create a hyper democratic society while diminishing one of the biggest flaws of democracy (a largely uneducated society who is easily tricked into voting against their own interests.)

By this logic PDAs are dead, calendars are dead, pocket calculators are dead, heck even phones are dead. But not really, they've all just converged into a single smarter device. We currently call it a smartphone, but to be honest a better name would be "pocket computer" or "pocket tablet." Heck, I spend a lot more time using my "phone" to read books, watch movies, listen to music and browse the web then I use it for making phone calls.