It’s definitely happening and from multiple vectors including productivity, privacy and decentralization. Now that Chromium powers every major browser (except Firefox), it’s helped stabilize a standard base for others to disrupt upon like:
* [The Browser Company](https://thebrowser.company/)
* [Sidekick](https://www.meetsidekick.com/)
* [Bonsai](https://bonsaibrowser.com/)
New rendering engines in WASM and decentralized communication protocols are potentials for anchoring new alternatives.