From ZDNet UK's article:
"You can do most things with web standards today," von Tetzchner said. "In some ways, you may say you don't need Flash." Von Tetzchner added that his comments were not about "killing" Flash. "I like Adobe — they're a nice company," he said. "I think Flash will be around for a very, very long time, but I think it's natural that web standards also evolve to be richer. You can then choose whether you'd like [to deliver rich media content] through web standards or whether you'd like to use Flash.""