The future of audio is high resolution digital formats, most likely in whatever format that is native to the master, such as DSD.
You heard it here...well, not first. It's been widely considered to be the future for some time in various corners of audio.
Vinyl will last as long as people still have a lot of records, which seems like it will be for some time. But its not the future. Its not even the present. The degree of difference in ability of digital is becoming more and more apparent with the better DACs out there now. My $2000 DAC equals the sound quality of my $11,500 CD player from a few years ago. The $1500 Mytek DAC isn't far off, either. They are more "analog" sounding than ever, and the pains of playing vinyl are getting further and further from being worth it, for a number of people even with a LOT of time and money dedicated to their record playing rigs. I have several thousand records and have no intention of giving up on it totally. But my record player gets maybe 20% of my listening time these days.
Which is to say, I think a lot of the points raised are perfectly valid. I don't get the video thing, though. Physical media is dying, especially digital physical media. Anybody who thinks otherwise is fooling themselves. The only physical media that has even a chance is vinyl.