Will HTML5 have advantages over Flash Player?

netadict

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I have read that Flash player is expected to be phased out as the online video and online game standard and HTML 5 will come in it's place. Will HTML5 have any advantages over flash?


A side issue: I have also read that Adobe has stopped developing Flash for mobile devices, the author's comment was that the next setp will be Adobe stopping developing Flash for PCs which spells the death of Flash
 

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My Computer

Computer Manufacturer/Model Number
HP Compaq dc7600 Convertible Minitower PC
OS
Windows 7 Professional 32 bit
CPU
Pentium D 3.4 GHYz
Motherboard
original that came with the PC
Memory
4GB
Graphics Card(s)
Nvidia GE Force 9600 GT
Sound Card
intergrated on the motherboard
Monitor(s) Displays
Samsung SyncMaster 713N
Screen Resolution
1280X1024
Hard Drives
Maxtor 6V160E0 ATA
Case
mini tower
Keyboard
standard PS/2
Mouse
PS/2 compatible
Internet Speed
2 M/s ADSL
Wikipedia is a generally good source but always in a state of flux.
 

My Computer

Computer type
PC/Desktop
Computer Manufacturer/Model Number
Home Built Desktop By DataTech
OS
Windows 7 Ultimate X64 SP1
CPU
Intel i5-2550K, Differing ~4.4-4.8GHz No built in GPU
Motherboard
ASUS P8Z68-V PRO/GEN3
Memory
16GB G.Skill Sniper 1866MHz @ 2133MHz 2x8GB
Graphics Card(s)
ASUS GTX650TIB-DC2OC-2GD5, (650TI Boost)
Sound Card
Onboard Realtek 5-1
Monitor(s) Displays
Samsung P2570HD
Screen Resolution
1920x1080
Hard Drives
Samsung 840 Pro 256GB SSD for OS, 500GB Seagate Constellation (Enterprise drive) for Data
PSU
Corsair HX650W
Case
Inwin Dragon Rider
Cooling
Hyper 212 EVO w/two Noctua fans, push-pull, @1300 RPM
Keyboard
E-Z Eyes, bright yellow keys with large characters
Mouse
steelseries SENSEI Laser Pro Gaming
Internet Speed
48-51Mbs Mbs down, 11 Mbs up Xfinity Cable
Antivirus
Norton Internet Security 2013
Browser
IE 10, Opera, Pale Moon if needed
Other Info
4 case fans, LG BluRay-RE, ASUS DVD-RW, Mr. Fusion power supply, 1.21 gigawatts.
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