I'm sick of reading slashdot stories and comments that compare dissimilar languages with Java. What makes Java interesting, useful, and modern is the JVM; these comparisons between language features alone are ridiculous. Most of the languages suggested as alternatives in Java-related posts in the last month are merely interpreted. Python, ruby, perl, etc. are all modernish, high-level languages with dynamic typing. They all run (primarily) on their slow, crippled interpreters. This has numerous drawbacks including problematic multithreading (c.f. the arguments about python's GIL and workarounds over the years), if it's even attempted (in perl, separate processes are the only reliable way to do concurrent programming).
And now Slashdot compares Go to Java. Go is certainly interesting, but it's not in the same space as Java. Java is a portable, networked, object-oriented *application* language. It removes a lot of hassles not necessary to tinker with when writing applications. It has useful, established APIs (servlets, EJBs) for building large-scale enterprise applications. Go compiles to machine code and is therefore not portable. Go doesn't allow inheritance. Go is a language that tries to solve a different problem than Java has solved. Go is no replacement.
Java is by no means the end of all languages and runtimes, but it has set the bar pretty high. It would be wonderful for other projects to adopt Java's features and improve and extend them. It'd be awesome if such an efforts weren't completely nullified by having Microsoft as its boss.
For the naive (and the dude who argues that python is a suitable replacement for Java), below is a list of features Java provides:
Java's JVM does true multithreading. The memory model is tight, efficient, and predictable. The language includes useful mechanisms for writing for concurrency (everything from traditional locking mechanisms to concurrent data structures and the convenient "synchronized" keyword). Productive, predictable concurrency is possible in Java and not in many other languages.
The JVM offers other benefits, including security. The class verifier can sort out malicious code before it's executed. The class loader can check roles granted to a piece of code and a cryptographic signature and decide not to run code on that basis. Even if a piece of code gets loaded and executed, it's sandboxed. Talking about these features is usually relegated to discussions about java applets, but their relevance to other applications is noteworthy.
Java includes a lot of well-organized, stable libraries for doing everything from handling HTTP requests and crafting responses to doing cryptography. Its collections API has many data structures that just aren't present in other languages without looking to a third party.
Finally, the JVM makes naive code fast. One can write reasonably expressive, straightforward code and expect that the hotspot compiler will optimize it. It's a boon for getting maintainable, quality code out-the-door quickly.
I too am bothered by Oracle's litigiousness, but running away from Java isn't a solution. We need alternatives, that's for sure, but the availability of such is a lot more limited than the average slashdotter seems to think.