My thinking is that they were replaced by dynamic sites based on PHP like WordPress, which initially people were doing template conversions for but eventually t

My thinking is that they were replaced by dynamic sites based on PHP like WordPress, which initially people were doing template conversions for but eventually they switched to using themes... then we have had a bit of a redux with static site generators, but those are all hobbyist efforts. Dreamweaver still exists, it's just that no one makes those sorts of sites on Dreamweaver any more. There is no market for it. All the developers that might do static frontends code by hand or use a library like Bootstrap or a theme like a WordPress theme. So there is not really much room for a tool like Dreamweaver in the landscape of web design. It's all about modifying existing things to make them fit the problem.