Well, if the market sees a technology as solving a particular problem it will adopt it. As you suggest, this is more complicated than nine words can cover. It may only be temporary -- like flash video. Up until flash video took over, the existing solution were plugins like RealAudio/Video. If mobile application development solve a pressing need better than other solutions, ideally it will be adopted. Of course, technical merits are not the only issues at play here. Marketing, costs both hidden and direct are all absolutely factors determining whether change will occur.
I hear that people have written entire books on the subject. Do you have a point you were trying to make other than "markets are not sentient and rational"?
Please elaborate. This does not seem to be true but it's too short to fully understand.