"Ethereum now has half the market cap of Bitcoin, despite the total failure of the DAO, the one big application of the smart contract technology. See "Use Cases Of Ethereum In Different Sectors 2016"
It's funny how tech people can't understand that innovation is a trial and error path. Ethereum is doing something that has never been done, trying to disrupt the concept of finance and you are talking here about the DAO failure of one year ago that was already fixed with an hard fork solution. Do you really believe that with the hundreds of millions and the back up of some of the most successful companies in the world they will not be able to take the invention to phase 3? You are a really pessimistic folk man.