Of course, but they'll go bankrupt if they don't adapt. Just like mom&pop cornerstores disappeared or any other large scale automation. Loom, cars, automated checkout in supermarkets etc. There will be resistance but the market will play it out. Similarly how taxi companies have started making apps after Uber got successful or local restaurants reluctantly made websites and added themselves to Google maps.

Nobody likes to change a system where they already have their own little comfortable spot and figured it out and just want to seep in the lukewarm there until retirement. Fully understandable. But at least in the private sector this will not save them.