I will add my two cents, focusing on the custom knifemaking market, and expressing my opinion (I understand that I stand and see things from a different point of view for obvious geographic reasons).
Even in the smartphone era, a pocket knife is a useful tool, not a necessary one maybe, but still a useful one; a jackknife and a smartphone can live together in harmony in any pocket. I think it's our "duty", as knife enthusiasts, to spread this message and show that Elliott's post still has a value, instead of feeding a wrong image of pocket knives and their use (and, hard as it is to accept it, it happens too often nowadays).
Most knife enthusiasts tend towards modern knives; taste is taste, yet a share of them will try a traditional folder, and some of them will love slipjoints and eventually become a regular of this forum

aside from personal choices, taste and needs, I think the whole "knife crowd" should work better to bring back the concept that a knife is (still) a useful tool...it's up to us.
Besides, I don't think that the market for traditional knives is dying anytime soon, and I bet that the selling numbers, and the number of slipjoint enthusiasts, have increased in the last ten years, although I have no data to support that.
As for custom makers, I don't think their business is in trouble; maybe their knives are sold through different channels, or commissioned, but I don't think they're doing bad, and many of them have quite a long waiting list. Personally, I took the "custom route" for the very first time this year, and I feel like I'm not going back...but that's just me of course. Also, the recent raise of interest for slipjoints will, in the long run, feed the custom market as well.
Allow me a little sidenote about Sardinian cutlery. I do believe there's a whole market that hasn't been approached yet. The big names of Sardinian knifemaking have waiting lists of years, their business is strong as ever, and the local (regional/national) market demands more than they can produce. Instead, some new knifemakers struggle to sell their knives (or sometimes choose the wrong path, lowering quality to lower prices, instead of focusing on a high quality product); in both cases, I feel that a decent website in English and a bit of international marketing could help their business quite much.
I'm happy to hunt for resolzas for members of this subforum; I've done it a few times, and I'm hunting for more at the moment. I love doing it, and see it as a way to contribute to this forum that has given me so much. Yet........last winter I was able to contact a US based knifemaker and get a knife from him; I don't see why a US based customer shouldn't be able to do the same with a Sardinian cutler, and the latter cannot assume that everyone speaks Italian. Someone once told me I should start doing this as a part time job...instead, I decided that I will try stimulating some young maker to do it on his own, and hopefully contribute indirectly to custom knife making, an art that must be preserved and nourished.
Fausto
