Cursive is actually faster because you don't have to pick up your pen for each letter.
Unfortunately, we're going to have generations who can't read historical documents. Or if they get into ancestry, they won't be able to read old birth certificates, death certificates, marriage info, immigration records, ship manifests, census information, etc.
I suppose there are people working on programs to translate cursive to print, but they won't be perfect. Right now there's something known as OCR (optical character recognition). You can scan a document and it'll type it into your system. But unless the original document is perfectly clear, without any blemishes, it makes major mistakes. It also often times doesn't recognize special marks or characters and will type them as gibberish.
For example, one mistake it almost always makes is on words like "corner". It usually thinks the "r" and "n" are an "m" so it types it as "comer".