Depends.
Obviously there are as many FM stations as ever if not more, so no, FM ain't dead.
Definitely losing ground to the internet rapidly though for home audio. It'll never be what it used to be for home audio again most likely.
I could see a day where broadcast radio as it exists to day no longer exists and all content, save that needed for local emergency purposes in the event of an internet outage, is delivered via internet for cost reasons.
Obviously there are as many FM stations as ever if not more, so no, FM ain't dead.
Definitely losing ground to the internet rapidly though for home audio. It'll never be what it used to be for home audio again most likely.
I could see a day where broadcast radio as it exists to day no longer exists and all content, save that needed for local emergency purposes in the event of an internet outage, is delivered via internet for cost reasons.