Is that a bad thing? I'm not saying it will happen soon, or that those of us long in the tooth will go easily, but I honestly think it's the future.
Think about young teenagers who will soon be "in charge". They snap a pic on their phone and send it to someone else. Nobody cares where it is in the filesystem, or even what the filename is. I used to meticulously name, tag and organize my mp3 collection into folders and sub-folders. Now I don't even know where they are on my hard drive - because I just don't care.
Those are old concepts we used to rely on to find and use information stored inside the computer, but I honestly don't see the need for the in the future. We can stop focusing on the "how" of the computer, and focus on the doing.
I will add that "power" users like developers will require these kind of concepts for a lot longer than your average Joe, but I still see it becoming less and less important.