Well... If we will, why not? But the thing is that in 20-30 years we won't be able to invent any new writing systems that UTF-8 won't cover. Single-byte encodings were doomed because of their single-byteness. The same awaits two-byte encodings like UCS-2 (aka UTF-16BE) - we already have extended code points for something that glamour hipsters call "emoji". Variable-byte encoding will never become obsolete.