ASM is still used in some areas, such as:
1. function trampolines, such as in libraries like ATL (Microsoft's COM template library);
2. hand-optimized encoders/decoders for things like ffmpeg;
3. niche applications such as Ben Eater's 6502 breadboard computer (using a modified WozMon and Microsoft BASIC);
4. reading ASM output from C/C++ code in things like the GodBolt site for performance comparisons/analysis;
5. reverse engineering old DOS games;
6. people working on things like compilers (generating optimized assembly), JIT engines, or other code generation -- though this will typically be machine code, possibly with assembly instruction comments;
and other performance critical places where assembly can speed up that part of the code.
Absolutely, by 1% of developers. So analogy would be that those 1% would understand the code fully in the coming years.