Earlier quoted context omitted.
Ah, ok yes. But in my OP I didn’t really mean technical problems, rather organisational/social. I mean that if all top-class talents in compilers technology focuses on llvm there probably wouldn’t be a lot people to be both willing and able to write alternative backends.
There will always be somebody interested in doing something else. Somebody considers that something can't be represented nicely in LLVM IR and creates their own thing. Somebody can't work with LLVM folks for social reasons and creates their own thing. Reasons there are many and thus at some other point something successful will challenge them. For the C++ world the competition by LLVM/clang was fruitful and triggered…
Actually, it's quite the opposite. You're never going to make money selling a C/C++ compiler, but you can make loads of cash selling a Fortran compiler. It's just that the Fortran compiler is likely to come with your supercomputer.