I agree that it's inevitable that things move that way - my only paper books in recent years have been to complete my collection of Ian Banks because that particular edition looks gorgeous, and Stålenhag's art books. I don't anticipate buying more paper copies of novels or textbooks unless there are books I can't find in digital version.
But at the same time, I just published a scifi novel and was surprised at how large a proportion of sales are still made up by paperback (not exactly selling millions, so it's not exactly a large sample of the market). It seems like it will take a long time before paper books become unusual to the point of being considered decadent.
Many, many books are being discarded these days, so I don't have to buy new, or buy at all.
My old hometown's system used to do a semi-regular culling at the yearly mini arts & crafts fest in the park. They'd lay out 5 long rows of tables and cover them in old books that had to be retired. You could take as much as you could carry for a donation of any size.
I used to go when I was in my teens and had two dollars to rub together, and I still go back now in my 30's if I'm in town (with more of a donation). I've found some real gems.
I love paper books as well, but I think the authors have prophetically captured the inevitable. Cutting down forests to only add tangibility to our bytes just isn't worth it.