Matthew Malady discusses whether the English language should go ahead and eliminate the apostrophe as a form of punctuation.
[T]rend lines don’t look all that promising for the long-term security of apostrophes as a standard in written English. It’s becoming more common for corporations to remove apostrophes from their branded names. Texting teenagers tend not to bother with the formal precision of won’t and can’t. Pretty soon we may all be writing things like, “Ill be there later” and “Dont forget to feed Mikes cat.” And if that day arrives, it won’t be a sudden, out-of-the-blue development.
While usually I'm all for eliminating useless traditions that are unneccesary in the modern day, I still think the apostrophe is needed. I realize it's horribly missued all the time, but I don't think the fact people missuse something means we should simply eliminate it. There's just too many uses of the apostrophe, and eliminating it would cause more confusion. I used it four times in this paragraph alone.