Will film have the last laugh when it comes to photographs? The BBC digital Doomesday book has not lasted 16 years. The original was printed in 1086 and is still in fine condition. "It was meant to be a showcase for Britain's electronic prowess - a computer-based, multimedia version of the Domesday Book. But 16 years after it was created, the £2.5 million BBC Domesday Project has achieved an unexpected and unwelcome status: it is now unreadable. The special computers developed to play the 12in video discs of text, photographs, maps and archive footage of British life are - quite simply - obsolete."
Special emulation software has now been created that can read read the old files, but what a pain.
That is the fault of the BBC. NASA has had similar problems - photos taken by space vehicles and stored on magnetic tape - there are no longer any machines around that read them.
http://www.space.com/scienceastronomy/cs-081114-moon-photo.html
Banks, however, do not have that problem. That's good, since your money and my money are stored on them, and there is no more paper back up solution.
That's because IT professionals like me earn our living making sure that idiots like the BBC and NASA do not do what they did.
If you have digital photos, and you want them to be readable in (pick a date), then you must archive them, duplicate them, protect them from a single point-of-failure, restore and test them, and translate them into new storage media as such become available. That's just the way it is with digital. If that's too much hassle, then you are not protecting your images and you have no one but yourself to blame (BBC and NASA).
On the other hand...
http://www.papillonsartpalace.com/kennedy.htm
That's called a 'single point of failure' and it happens to film too.
Every time a house is destroyed by wind, rain, or what-have-you, so are the scrapbooks and photo albums inside.
Tell me how you will get those back.
Film is great. So is digital. If you want to protect them, you have to take the appropriate measures. If you fail to do so (film or digital) it's your own damned fault.