Just like back in the 70s it was claimed that the computer will eliminate paper, it has proven to be false. I don't think it eliminates paper. It will change the practice of how we interact with paper but for the foreseeable future it's not going to eliminate it. The environmental argument is a straw-man argument because electronics themselves produce a lot of toxic waste.
In academics journals, we're seeing more and more journals go online but not necessarily to the exclusion of paper journals. Journals print in both digital and paper format. It hasn't eliminated the paper versions.
This is not to say that paper will never go away. It's to say that as of now it is not possible or desirable.
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