There may be a ton of new content out there, but some will always be curious about or even prefer the older content. A lot of that new content is going to be in the same few genres, whatever's popular at the time. There's no way to know what will be popular in 2050.
It's important to preserve games, both retro and current, both physically AND digitally. I'd be for download digital gaming if there was a way to buy and sell used games, sort of like an eBay of sorts for downloaded games. What I am against is the gaming companies having exclusive control of how all copies can be sold, and the idea that games can become unavailable forever. Big niches come and go. I love the SimCity series, play it to this day, but the last game in the series that wasn't dumbed-down horse shit came out 17 years ago, and yes I still play it. You BUY games, you don't lease them from a company. Once you've bought it, it's yours, and you have the RIGHT to sell it.
By the way, the market needs used games. $60 for a new game is expensive. The companies WANT you to be forced to buy new games that they make their programmers work 79-hour weeks on. Mobile gaming is cheap, but mobile gaming control schemes suck for most types of games. PC, console, and mobile are separate niches. SimCity on console or especially mobile sucks. Jak and Daxter couldn't be done on mobile, maybe on PC.
I say stay away from download on console until a way can be figured out to buy and sell used games online. We can't give the companies more control. Vote with your wallet. Boycott companies who pull shit like what Nintendo did. EA needs to be defunct for what they pulled in the late 2000s with their DRM debacles and broken games.