@wandeljw,
There is one thing that might be said about philosophy in relation to the direction physics has taken.
Traditionally, physics has grown out of philosophy. Metaphysics became the foundation on which physics based all it's inquiries. But with the development of quantum physics, which describes a world completely divorced from any metaphysical understanding of reality that we have previously had, the tables were suddenly turned. Where physics used to follow where philosophy led, it is now for philosophy to follow where quantum physics leads. To the reality quantum physics describes, there is no corresponding metaphysical reality.
I don't see Hawking's statement as a dismissal of philosophy, but rather a challenge to philosophy. Quantum physicists who work with understanding reality are still struggling with with metaphysical concepts from our macro-cosmic understanding of reality, and perhaps it is up to philosophers to supply them with a metaphysical language that can enable them to conceptualize their work with more success?