As long as humans are interested in Brad Pitt and Angelina Jolie, no. It will probably make internet about as noisy as a rocket in a closed room but will not die.
I like the view point. Another way of looking at this is what Startups were always good at. They were always good at "Disruptive Innovation". The regular "Continuos Innovations" is better done by big companies. Most startups today dont start with the idea of creating a business but to disruptively solve a problem. If the goal of the business is to cause Disruptive Innovation then it can be done better without looking at the money on day to day basis. Big Companies being able to acquire these Innovative companies works well for all parties involved.