There continues to be challenges in the traditional desktop space, with the ongoing “cloudification” of services, but that (I believe) won’t be the final resting point of people’s computing. Firstly, it assumes that the entire world is always connected, at all times, and this is simply not the case outside of major cities. Secondly, the move to shift data away from the desktop introduces very real concerns over privacy, and people’s ability to control their own computing.
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