Will technology make records obsolete one day?


To my ears, a high quality system and vinyl is the best way to go for sound.  But I am wondering if  DACs will improve to the point that they will soon equal and therefore kill vinyl. Should I go ahead and stop buying vinyl now? Any thoughts?
mysteriousmrm
"In fact, they heard the muffled but distinctive sound of a conversation taking place. "

If they had played it backward they would hear "Paul is dead" quite distinctly.
For me, 1st pressing mono vinyl jazz are history, collectible, and just can’t be reproduced. Just taking original analog master and running it through a modern board to make modern records against a totally black vinyl background just doesn’t capture the essence of the original pressing even though they technically sound nice. Don’t get me wrong, I love listening to a Mofi master pressing sometimes but nothing replaces a mono 1st pressing Blue Note recorded at Van Gelder to my ears.
If you enjoy searching for records at the local music shops and enjoy the process of cleaning and caring for them and the manual process of playing, then I don’t think you would ever want to give that up....no? I don't think the worlds best DAC would replace that.
Here is the data for the US from the RIAA. Although the trends are clear, it won’t change anyone’s mind and I’m not trying to do that.

From 2016 to 2017 Lp units shipped increased 5.3%

http://www.riaa.com/wp-content/uploads/2018/03/RIAA-Year-End-2017-News-and-Notes.pdf

From 2017 to 2018 Lp units shipped increased by 7.2%

http://www.riaa.com/wp-content/uploads/2019/02/RIAA-2018-Year-End-Music-Industry-Revenue-Report.pdf

So new vinyl is growing, but the rates of growth are just OK. Streaming is where the growth is, accounting for 75% of music revenues for 2018, while all physical media accounted for 12% (vinyl 3.6%, cd 6%, other 2.4%), about the same as digital downloads’ 11%.

Here is the history of all formats since the RIAA has been keeping records:

https://www.riaa.com/u-s-sales-database/

So, IMHO, money will be put to work in developing digital streaming and sound quality will eventually improve to where it is considered the best available.




@three_easy_payments Totally agree. Nothing comes close to the magic of my old 60s jazz recordings. They are so far ahead of any new pressings even the best analog efforts. Not sure why but they all sound grey by comparison.