Are CD players dead


I went to an audiophile meeting today and the owner of the store said Cd's and cd players are dead. He said you need to start learning about computer audio or you will be left behind. Is what he is saying true?
taters
The demise of the LP took a lot of stuff with it. I wonder what will the CD's demise take down with it.
at what point will companies cease to produce cd players, dacs and transports ?

it would seem that dacs are thriving for obvious reasons and servers/computers are thriving as transports.

will there ever be a time when it will be impossible to buy an in-production cd player that only plays redbook ???
"will there ever be a time when it will be impossible to buy an in-production cd player that only plays redbook ???”

Of course. The proper question is when. And the answer is that it’s too early to tell.
Too early to tell with the CD Player, NOT too early to tell
with the CD Format. Most Downloading is via MP3, I doubt that High Resolution even makes up 2% of the Downloading Market. What you are really talking about is replacing the CD Format with MP3, NOT replacing it with High Resolution Downloads. That will be the end result if you prematurely pull the plug on CD. High Rez. Downloads (by virtue of the Market) are not ready. If High Resolution Downloads never take off (2%), we will be stuck with MP3 as replacement! Very, Very, Very risky game you are playing with CD!