"Slowly dying" implies it's some sort of a natural process they have no control over, that's not what's happening. It's committing suicide, on purpose.

It's a modern-day burning of the Library of Alexandria in favour of a shitty replacement. It's what we get for offloading such a basic web function in the hands of a private company that's just no longer interested in serving that basic function.

It may be natural. How long has any large corporation managed to hold things together?