It will always be around in some form.
What form? You can say there is still a mob in KC and LA, but they're not structured families. Just a bunch of hustlers and bookies with Italian last names. What made the mob different from other gangs was the family structure, political power, and infiltration of businesses and unions.
Just let me get my crystal ball and look into the future...
Seriously, though, I don't know. Perhaps as a more diverse organization, certainly it can't go on as purely an Italian-immigrant driven group. Perhaps some of the traditions and jargon continue on, like the making ceremony, etc.
