They said that transitors could never make it to the 1 micron node, and then it did. They said it could never make it to the sub-200 nm node, and it did. They said it could never go below 45 nm, and it did.
I am inclined to believe that there will be future detractors who claim something is impossible and the amazing combination of tons of money, ground-breaking research, and back-breaking work by dedicated professionals will prove them wrong again and again.
Shrinking the transistors is
not the issue. They just become more fragile when they're smaller, meaning they endure fewer write operations. That's because writing to a Flash cell requires 'shooting' electrons through an insulator by applying a high voltage. This process inevitably causes some damage.
There's nothing fundamental that can be done about this. They can tweak a few parameters but ultimately shrinking the cells always makes them more fragile. Progress will be slow from now on, and eventually grind to a halt.
The only real hope is a totally new technology that is nothing like Flash. There are a few candidates, but most are still in the research phase and some of them even scale worse than Flash so they probably won't ever make it into consumer SSDs. Possibly the most promising technology is PRAM, for which Intel promised mass production in 2007, but Flash still outperformed it. It's also hard to displace established technology when it still has some potential (and it's comparatively cheap). With Flash definitely becoming less interesting now, the alternatives might reach commercial viability in a few years' time...