There's next to no artistry these days, little genuine filmmaking talent, and let's face it: it's boring watching the same people fuck each other over and over with absolutely NO raison d'etre. And with the market so flooded with titles, nothing is unque or interesting anymore. It's all permutations of the same thing.
So yes, PORN is a thankfully dying industry. With good luck though, the people who are smart enough to realize this will also be smart enough to devise a way of reviving it into something better, maybe stepping back 30 or so years and learning something from the successes of the past.