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As some others here, I don't see physical media switching to carts in the future, which is unfortunately. Yes, in modern days, Blu-Ray is probably not the best option because you can't run a game directly from it anymore. The main reason why carts will not be an option is because publishers want to spend as less money as possible on game distribution but this would mean spending more on a media than current Blu-Ray approach. It's great to see that companies like LRG still exist to bring physical distribution as an option but not everything is in their hands. If console manufacturers decide to ditch disc drives in the future, LRG's business will come to the end because there won't be even a possibility to produce physical media for such consoles.

P.S. The most stupid thing I ever see when the physical vs digital is brought into discussion is that there are a lot of clueless people in "digital" camp who believe that games will suddenly become cheaper once "physical media finally dies". And that physical media is the reason why games are that expensive as they are now.