Of course, it's silly to believe such a crudely simple app could survive much longer beyond its wizened 32 years, especially considering how rapid technology advances now. Let's just keep our fingers crossed that this isn't a signal of things to come for good ol' Solitaire.
UPDATE [7/25/2017, 11am]: In response to what amounted to a collective freakout on the Internet over the news, Microsoft seems to have reconsidered its decision. In an official blog post published late yesterday, it acknowledged the outpouring of support and nostalgia for the original Paint program, and vowed that it will continue to be available -- albeit as a free download from the Windows Store.
h/t The Guardian