That is sad to me, and I hope it doesn't happen. There is so much you can do online, and these days you can replace a book with an e-reader (kindle, nook, etc.). But, to me, there is nothing like an actual book. It would be nice to see, instead of a traditional library, a library that has both options, technology, as well as traditional reading material. I think it would optimize research and would give patrons/students exposure to both. Our schools here do have both.
I know around here, when communities need to make cutbacks, it seems one of the first things that seems to go on the chopping block is the public libraries.