I agree it's unlikely I'd be able to process 2010 Olympus RAW files if Oly gave up on it. First their software wouldn't be able to do, then as new LR or Apple updates came along they'd also dump it. But "unlikely" doesn't mean "impossible."
Am I converting mine en masse? no. But DNGs have "come to my rescue" numerous times. Maybe some hear never play with others, but many of us do. And we can share with people with a much different mix of hardware and/or software by using a common format.
.docx files from MS Word are super ubiquitous, but even then on occasion I've had to send something generic to someone.
Yeah, I doubt DNG will become the PDF of the image world. Images in RAW format from high end cameras are a piddly little corner of the image and file world. But consider if we get RAW files from smartphones. Apple refuses to provide converters for hated rival Samsung, who retaliates by making their RAWs impervious to reverse engineering. Apple follows suit, and they sue each other. You need to buy a license to convert RAW data. Aargh. Unlikely of course, but I always think it's better to have choices, especially open specs choices.
And I still haven't heard any major downsides to even wholesale conversion. One new advantage I could get is that some online storage sites, like Amazon, won't do my RAWS, but would take DNG, and that frees up TBs of free storage for me.