The accusation is, that the "scrum master/coach" role in agile has gone from being an in-team activity to being a project management activity. I do think that is true. I also agree that Agile has become a buzzword that companies are adopting without truly understanding it (in the vein of http://www.halfarsedagilemanifesto.org/ )
But the reason Agile won't be killed is the same reason Waterfall hasn't been killed: it's the optimal choice in some scenarios.
(And before you sneer at Waterfall, go build me a nuclear power station with Agile).