California banned incandescent bulbs: Is this the end of the road for traditional lighting?

Early this year in January 2018, the state of California banned incandescent light bulbs as a part of their new energy efficiency standards for lighting. As the new law came into effect, it meant that stores were allowed to finish selling their existing stocks, but that was it. Beyond that, the production, procurement and sale of incandescent bulbs have been stopped for good.