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I, for one, welcome our new digital overlords.

Seriously though, physical media will be around for a long time. Although Internet connections are getting faster, the size of games keeps getting bigger too. Next generation will probably come in 2018 or 2019, it will support 4K, and releases will probably be averaging 100 Gb in size. I don't expect Internet connections in all parts of the world to support streaming / downloading these games with any sort of convenience.