It is somewhat karmic that CD's will die out completely, and vinyl records will live on ... likely for decades, if not centuries.
I still recall all those voices that said CD's were the future, and vinyl was dead.
There is a pronounced harmonic distortion that the human ear finds very pleasant to listen to when playing vinyl, which definitely isn't there will CD's or digital downloads (it technically can't be).
There's no question that digital downloads are the future (generally speaking), but I still have my 620 vinyl albums, and still enjoy listening to them (almost) every day.
The only downside is that vinyl is now considered "collectible", and priced accordingly, whereas back in the 80's, you were lucky if you could get 25 cents for a vinyl album.