Is SEO dying because of PPC

I am somewhat disheartened at times as to where to invest the time and energy as well as money. It seems to me fighting for organic rankings on Google is achievable up to a point, until you hit the trail of big spenders. However still, as you get to that first page, you will always most likely be overlooked as the search results are swamped with PPC listings which usually have better positioning. So my question is:
Is it better to develop your brand and look and then go for Google Adwords and…
Is SEO dying because of PPC

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