Flash is dead. If you can't deal with this sort of change...there's the door
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People act as if flash is being abandoned. Its not. Mobile Flash is. Several new smart-phones and tablets nowadays use browsers with REAL FLASH on it, so there is no need to continue development on mobile flash. That's all that happened. No big win for anyone. Adobe has been focusing on html5, as have the rest of the web, and imho, Adobe has some great tools to author content in html5 already.
Obviously Adobe aren't going to abandon desktop or 'real' Flash without a viable alternative Adobe offer. After all plenty of industries are still highly dependent on Flash. Especially mine (online advertising). But my feeling is Adobe are developing a Flash author that outputs js/canvas seamlessly alongside a swf. Once we're all comfortable with that idea, then they abandon 'real' Flash.
HTML 5 is a nice small step; but that's all it is, a SMALL step. If you want to kill flash (which you should), we need something better than this.
Given the fact that mobile is gropwing so fast and is pretty clearly a huge part of computing in the future, it's ridiculous to suggest Flash seriously out performs HTML5 in this most important area.
Flash is ubiquitous in animation-focused tracks. While lower-level tools are necessary for studio-quality productions, I still don't know anything that even comes close to flash for prototypes and low to mid-level animation work.
What does your university use?
The HTML5 player is just as usable, if not more so, as the Flash player. Go give it a try again: http://www.youtube.com/html5 You might not even notice the difference.
True, "if you can't deal with it..." approach is rude. But it's the truth. And Tom did explain the situation in detail to the students as he wrote in his post. It wasn't like STFU or leave.
Obviously, Flash isn't actually dead.