Will HTML5 Kill Flash? ...

I'll post this in the Flash forum too but I'm posting it here first because I've been an AS3 Developer now for only a year. I'm only now starting to do interesting work that I feel good about. Now I'm seeing all this stuff about HTML5 killing Flash. Like when, huh? A new technology that's not due to see cross-browser support and full implementation for ten years, and it's going to kill Flash? I'm seeing a lot of emotive arguments about "death to Flash" which is nothing new. I'm seeing a lot of emotive opinion about HTML5 killing Flash. But I'm not seeing much that makes rational sense. I'd love to see some rational thinking and opinion on this question from some experienced Flash Developers. I'd love to have started Flash Developing ten years ago. But the simple fact is I didn't start getting competent till now. Am I five years too late to make a life out of it because of HTML5? Surely not!! Thanks for your time. Cheers. NT

Please don't crosspost.
I suggest anyone wishing to respond to this to this post in the one in the Flash forum-- http://forums.adobe.com/thread/592495?tstart=0.  It is not an AS3 topic and it's best to keep the discussion in one place.

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