I'm not obsessed with getting rid of physical media or anything but as I work in IT, we've definitely had a concerted move away from it in recent years not just for software but for our data storage and various other things. People talk about the 'cloud' like it's some mythical data land in the sky, but it's really just a buzzword; the cloud is nothing more than data storage servers like we already have, but stored remotely instead of on premises, and mirrored for redundancy at other sites so the data is always safe from physical destruction.
And for the most part, it's been all beneficial - so beneficial in fact that I decided to free up some space at home by getting rid of my collections of DVDs, Bluerays, CDs, etc - all of which were taking up valuable space in my man cave. I have all my movies and music ripped onto a NAS now and I can either access this from any device in my house or remotely using Plex. With 5G coming the quality for streaming remotely will improve greatly. It's hugely flexible and I can't imagine going back to physical media.
We once thought VHS was amazing and could never be replaced. The ability to watch movies at home anytime and not have to go to the cinema or be stuck with what's on the 3 or 4 TV channels available! Then along came DVD, then blueray, now the cloud and who knows what next. Gotta move with the times. We almost have the ability to watch pretty much anything, anywhere, anytime - and even 20 years ago that seemed like a far off notion.