No, it's not over. Not yet.
I think only a small percentage of developers make $50k / year per game/app.
And Stage3 is way ahead of what one day hopefully WebGL will offer. There's no way (at the moment) of producing the same quality application in HTML5/js with the same effort you need for Flash.
Mozilla released their cute browserQuest game yesterday, something "Realm of the Mad God" did 2+ years ago in Flash.
HTML5 is very likely to be the future but there's no way they can compete with Flash at least in the areas of Games (and Audio) at the moment..
And Stage3 is way ahead of what one day hopefully WebGL will offer. There's no way (at the moment) of producing the same quality application in HTML5/js with the same effort you need for Flash.
Mozilla released their cute browserQuest game yesterday, something "Realm of the Mad God" did 2+ years ago in Flash.
HTML5 is very likely to be the future but there's no way they can compete with Flash at least in the areas of Games (and Audio) at the moment..