Yes. Lua is doomed.
Just like every other language.
As the saying goes, "this too shall pass".
This is not a bad thing - evolution carries on.
The useful ideas popularized by lua will be more likely to be picked up in newer languages, and the bad ideas that became trapped in lua will be allowed to die.
Perhaps your question was intended to be, "Is lua worth investing in?" which is a bit more complicated. :)
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