Are you really saying that music is written today with meaningful lyrics? Wow, most of the music out today...you can't even understand the lyrics, much less determine if they are meaningful...
in any case, I think vinyl will always be around at some level...although we have seen the complete elimination of 78 records, there is still quite a collectible market for 45's. What I miss most about records in the main stream is the album covers. These were just so big and brilliant. They even have picture frames now for record albums. Little cd booklets are packed full of lyrics and pictures, but it is so small...hard to really enjoy. The gatefold was and still is so very cool.
I think the audio tape...at least the cheap one, may soon disappear. It mostly has already, few tape players in cars or as part of rigs at home. Making a mix tape has been replaced with a mix cd. The bigger the tape section at a record store, often means an older and lower quality store.
When I was a kid, my dream was to open a used record store. It now seems, though, that this will never happen. A used record store would never stay in business. Record Exchange has become Sound Exchange.....this is when it is safe to say vinyl is dead, the mom and pop used record stores are likely a thing of the past.... Of course now...few little music stores of any kind (cd, etc.) can stay in business.
sad
