Earlier quoted context omitted.
IMO, so long as they offer pre-payment for books, they will remain in existence. Prolific and profitable authors benefit from being paid ahead of time for their work, which can often take months or years.
I feel like that role is just waiting to be taken over by a kickstarter like model though.
Then when you add on the publisher side of distribution, fulfillment, lost orders, customer service, marketing etc you have a whole other beast.
It’s manageable in the right circumstances, and pieces can be sort of automated or out sourced, but (at least for me) the other grinds begin to absolutely kill my ability to do the creative work. And meanwhile fans are like “omg when’s the next book coming out?!?!?”
That’s said, I think the publishing “industry” needs to be ripped down and overhauled, but the work a publisher needs to do is very valuable and different than the creative needs.