Additionally RSS allows me to follow far more things than would normally be possible. Instead of 10 I have 100, including things that don't update even every month.
Previously the discussion was always about how to make RSS usable for the masses, but I suppose this problem was never solved. Social media seems to work for some people, but it isn't the same. I can only count a handful of times in the last decade that I site I was interested in didn't have an RSS feed. It is practically universal. Facebook does indeed have a lot of people, but there is also the constant friend spam, and the algorithmic filtering to worry about.
When I look at the alternatives to Google Reader, it is clear that many of them don't get me. They are focused on content discovery, but i want to do is Keep Track. I don't want to miss a word from my favorite sources, and I need my reader to hold on to their words until I get to them.
I really hope RSS doesn't die. It is my handle on the internet, and without it I would still be refreshing sites all day.