It isn’t exactly dead, it’s just completely unsupported which is as good as dead.
Thus all that remains are those many fond memories of using Netscape Navigator back when getting on the Internet took some effort with dial-up. I was often spared some of the anguish by having jobs with T1 access during the Nineties. Regardless of connection speeds, seeing web pages definitely made the Internet more practical over Navigator’s pre-web browser predecessors.
It’s a bummer that a major element responsible for influencing how people view information through the Internet has died with a whimper; it beats the implosion most dot coms had. Unfortunately, it was inevitable. Microsoft has Explorer very intertwined with Windows and Apple users moved on to Safari years ago. Then there’s Firefox for both platforms, fueled primarily by the anti-Microsoft crowd. Being a Mac person, I use both because my credit union can’t get their banking page to work correctly in Safari.
The primary people behind Netscape’s rise are smart cookies. I’m sure they’ve moved on to other projects or have something new planned since they have little to do with AOL.