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The publisher isn't going away. To ape what others here have said, editors (who typically [and rightly] work for the publisher) are still necessary. Sure, authors can hire their own editors (although the problems associated with doing that are numerous and notorious). An author can also arrange for his own distribution, publicity, marketing, legal framework, accounting, and life-cycle management. Even arranging for the production of the meat-copies of the work isn't all that difficult!
An author can do all of these things without the help of an publisher, and may even get lucky and do one or two of them more or less successfully.
Not much time left over to write.
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