yup, just like every other low virulence circulation virus that entered circulation over the millenia. The people who are uniquely susceptible were in trouble, but the larger population develops immunity from exposure, and in the modern case we have vaccines to accelerate that process by orders of magnitude, plus Paxlovid to help the people whose immunity doesn't respond as well.
I was talking to an acquaintance with family in China, the government there still not ready to concede that they simply have to learn to live with it.