Beware of complacency or you will find yourself unemployable when Ruby will be old news.
I didn't learn any new language since I started C# 4 years ago and I mightily regret it.
People have been proclaiming the death of Java for how long now? And it's still going strong. I'd argue that Ruby will last even longer than Java because it's a nicer language and has more room to grow. Ruby you can port to other runtimes, Java, why bother? It won't outlive the JVM.
The only thing I think that could replace Ruby is Lisp. Maybe in 10 more years Racket will where Ruby is today. I doubt it. By that time, Ruby will be where Java is.
Well, the JVM will probably outlive the human race, so that's actually a comforting thought for Java developers :)
And why will it comfort Java-ites?
I'm picturing something involving lairs carved out of dormant volcanoes and pools with sharks (possibly with lasers).
The more important question is: will it still be possible to earn a respectable crust doing web development in Ruby in twenty years time? Any person who claims to know the answer to that one is a liar.
There are so many factors influencing language and API popularity that it's silly to try to bet it all on one language/platform or vendor at any time in your life. Why not just enjoy the ones you use, and when they are no longer of use (for whatever political, technical or personal reasons), switch to something else?
I don't have much love for C# but if your fundamentals are sound you won't have too much difficulty picking up a new language. 6 months ago I wouldn't have known an NSMutableArray from a bar of soap, a couple of books and some elbow grease later and I'm beta testing my first iOS app for the app store (with a ruby backend : D). And I am far from one of those "polyglot" hyper programming geniuses.
Stop regretting, start working, and keep going. This time next year you'll have another arrow for your bow. It's not rocket science, believe me.