How about film photos? It only took ten years, and now you can't even buy the film anymore!
That's far less than a generation, and for books we're allowing for several generations.
Digital wins. Quicker than you think.
No, books will be gone, just like the fountain pen (an elegant weapon from a more civilized age). People today under the age of 40 can't even read flowing cursive anymore!
Then serif fonts will die, and two generations from now, will be as incomprehensible to the youngsters then as blackletter is to your generation.
Where you live must be a sad place... In Norway getting 35mm film is still easy, and most photo-shops are still offering one hour development services. Off course most people are using their digital cameras more than their analog cameras, but that's to be expected since you can just snap a dozen pictures without having to worry about running out of film.
Writing in cursive is still taught in elementary schools over here, and if you can write it you can most assuredly read it. And while I can't say it's a common skill, I know of quite a few people of a wide age range (myself included) that can read gqothic blackletter with ease.
Books wont die in a long, long time. What will disappear is the dime-novels, the cheap and cheerful flights of fantasy that has little to no literary value - these will go digital, and frankly I think that might be for the better. The paper and bindings of those are horrible, and the only thing they they teach people is that "books are disposable" - a though that is horrible to me and many others.