It's a bit like asking if there is any significant advantage to ICE motors over electric motors. They both have advantages and disadvantages. Every person who uses one or the other, will tell you about their own use case, and why nobody could possibly need to use the alternative.

There's already applications out there for the "old thing" that need to be maintained, and they're way too old for anyone to bother with re-creating it with the "new thing". And the "old thing" has some advantages the "new thing" doesn't have. So some very specific applications will keep using the "old thing". Other applications will use the "new thing" as it is convenient.

To answer your second question, nothing is inevitable, except death, taxes, and the obsolescence of machines. Rust is the new kid on the block now, but in 20 years, everybody will be rewriting all the Rust software in something else (if we even have source code in the future; anyone you know read machine code or punch cards?). C'est la vie.