Is CSS the New Photoshop?

Is CSS the New Photoshop?:

John Nack, Photoshop's principal product manager:

As people can do more and more in code, it makes sense to ask whether even to use Photoshop in designing Web content.

I think Adobe should be freaking out a bit, but in a constructive way….

As for Photoshop, we could either teach the app to speak HTML natively (via live HTML layers), or we could translate Photoshop-native artwork into HTML (e.g. 'copy this button/text as HTML/CSS'). It's not yet clear to me...