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Soon Revit shall take a lead. Most of the organizations are moving into Revit including approving bodies.
Its not that AutoCAD shall loose credibility. Rivet shall get more credit soon. That all.
3D is better for accurate designs and also it can do auto size selections etc. Also mistakes & reworks can reduce considerably. For this reason, Revit is appreciated.
Considering AutoCad is the pioneer Tool for all Architectural, engineering, manufacturing Fields, your answer for now would be No. AutoCad by itself is100 % accurate, therefore will always be credible. Since Revit is now an Autodesk product, they will always be separate products on offer.
no autoCAD will stil most engineering program sophisticated because thay used a profisionals computar engineers so I dont think that thay will stop sophisticate
AUTOCAD is the origin of the Phenomenon of Computer aided Designing, The Kind of flexibility,user friendliness it brings make it distinct from other softwares. There will be no alternative to AUTOCAD.
Eventually you cannot compare3D softwares with2D. They are runing on parallel paths.
3D softwares cannot justify AutoCAD and same2D cannot bring qualities of3D,
So in my opinnion both are going for long run.