No it won't. Pressure sensitivity is built into the hardware. 3D Touch is just a feature of that hardware functionality. Unless they get rid of the hardware, which doesn't seem likely since it's used for other things, 3D touch is probably here to stay.
I sure hope not. If I were buying a new phone this year, that single feature would get me to pay the extra $250 or whatever to get an XS instead of an XR.