The death of tape has been greatly exaggerated
In a recent news article Bloomberg's has reported on the return of reel-to-reel tape into the music market. Ironically, in Information Technology, tape is also maligned and has been assigned to the scrapheap of history like the VCR. In most cases, the alternative of hard disks, also known as spinning rust, is promoted as the only storage solution required. Ironically, spinning rust is the derogatory term used by the protagonists of flash arrays or SSDs, who in term predict the death of hard disks.
Read more about tape, not the Scotch type over at LinkedIn here.