Not likely. Television didn't render radio obsolete. The automobile didn't eliminate the horse industry. The ballpoint pen hasn't stopped production of fountain pens.
LOL. what has television got to do with music? last I looked, not many horses and carriages carting people to work and back. Fountain pens are some stupid expensive luxury item these days.
Not many 8 tracks, 78's, minidisc's, DAT or cassettes sold these days.
CD is obsolete as well as vinyl - at least vinyl sounds great.
Who is going to buy vinyl and turntables after you and the rest of us are 6 feet under?
99.99% of the population will be Streaming.