Of course not.
In the 80s/90s the easiest, fastest, most efficient way to get a game to you was on a cartridge.
In the 00s the easiest, fastest, most efficient way to get a game to you was on a disc.
Right now, digital download is becoming (not fully yet) the easiest, fastest, most efficient way to get a game.
Thats all it is, a way to get you a game. Its still going to be the same fun game no matter how the 0s and 1s are delivered to you.
You listed some advantages to physical over digital, and yes they do exist. However there are some advantages to digital:
- Can't be damaged
- Can't be stolen
- Can pre-load and literally play them the second they release, all without leaving my couch
Platinums: Red Dead Redemption, Killzone 2, LittleBigPlanet, Terminator Salvation, Uncharted 1, inFamous Second Son, Rocket League