For the most part, yes, but with some caveats that probably won't matter in the end for the most part. Current model of the PS5, for example, needs a one-time internet connection to activate the disc drive. Not exactly great when your disc drive one day dies and hoping the servers are running.
Hell, if PlayStation has an outage, no new purchasers will be able to activate the disc drive at that time lol.
I prefer GOG's means of preservation the most. Each game I buy from GOG, I download the game and put them on several different hard drives and my media server, just to be completely certain I'll never lose them. I've even sold them to friends for a few bucks lol. Sure I don't get the resell value and nice collection shelf, but at least I know for certain that I can never lose those games no matter what.
You called down the thunder, now reap the whirlwind
