Is the FPV and RC hobby dying?

Pawel Spychalski said that the FPV and RC hobby is dead in a recent video due to a lack of innovation and less interest overall in the hobby.

What do you think? Is the FPV hobby dying or dead, or is it just going through a low point due to various factors?

Joshua Bardwell also addressed Pawel’s opinions in one of his live streams…

Hope not, I’ve only been FPV’ing for a year. Would be pissed if the hobby died already.