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I don't know that I would say its the death of it, but I would say that people don't interact with each other like they used to. Its not just smart phones, tablets, facebook, IM services, email, they all seem like they are used more than actually talking to someone face to face. Even calling someone seems to be uncommon nowadays.
Think about this, how often do you send an IM, text, or message on facebook instead of calling someone.
Social interaction will never completely die, but I do feel that it has/is/will decline more.