This is an excellent post @osariemen ! Did you see CNC Milling machines taking over more of the work done by lathes or CNC/lathes ? Just one thing to clarify, where was the quote "With rapid growth in this industry..." taken from? You will need to indicate the source.
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That depends on what the future holds
I believe the mother of all machines is the lathe for now because if your are very good with the lathe you can perform some operations meant for the milling on the lathe and there are some you just have to use the milling machine
I believe there is a possibility only time can tell
Thanks for that correction
I just put the source