Why is the .270 dying?

Nope. Nor will he care what pants the sonofabitch who shot him was wearing.
Probably wouldn't care if the sonofabitch was not wearing pants at all, to be honest...

Mmm... Bucket List Item - Shoot an elk while not wearing pants and see if he cares.

(I've already shot both turkey and deer while pants-less, neither of them cared at all)
 
Ultimately I believe the gun manufacturers are largely following suit to the ammo manufacturers. Browning is making a fast twist 270 win that allows for extended length in the magazine and faster twist, if the rifle manufacturers start to adopt this concept you will see a resurgence of some of the legacy cartridges. Imagine a long throated 30/06 with extended magazine length, correct twist and a throat in a factory rifle. My hunch is the next craze will be updating legacy cartridges and marketing them as the next best thing.
My M1917 sporter with 10” twist has the extended mag and the long throat and we celebrated its 107th birthday this morning out on the AZ Strip. With NECG peep I’m good on a 24”x36 target at 600 and 205 Bergers are clocking 1800+ fps at that distance.
 
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