What is the Future of PC gaming? (Browser Based Gaming etc.)

People carry on making outlandish claims that PC gaming is dead. Is this the Case Or is it just evolving into another form of gaming?
If it is evolving is it loosing its hardcore audience in exchange for mini games or will development in browser based Hardcore Games like Quake Live take off?

I think it will continue like its doing right now. For the next 10 years or so :P.

-Orakk