Netflix Is Dumping Anti-Virus, Presages Death of an Industry

Reading through this article I am unclear on why anti-virus is now supposedly dead.

It reads as though anti-virus is being shifted to the endpoints. That is, viruses are detected right on the network rather than on end-user machines. Is this accurate?

It's really unclear to me what anti-virus is being replaced with exactly.

This is click bait. Netflix is switching to a tool/service that allows coverage over more than just antivirus. Even the author words it strangely.

The king is dead! All hail the king!