Battleships were kings of the sea, until naval aircraft exposed their weakness.
It stands to reason that missile technology will do the same with other big naval platforms.
And they still are.
What people all to often fail to realize is that military equipment and power is a Chinese Checkers game. You make an advancement, then somebody does another advancement which renders your's obsolete. Then you make another advancement which makes that obsolete, etc. And it is not unusual to find that it eventually goes full circle.
Modern Naval warfare was largely static until the age of steam. Then you had ships that were not dependent upon the wind to bring your guns to bear. This remained the same even when the first ironclads started to rule the waves. But all that ended with the USS Monitor. It was not the steam or iron that made the difference, it was the rotating turret. Now it no longer matters where you are in relation to the enemy ship, you can turn the gun to hit it.
And the cannon remained the standard for another 80 years. To offset this, ships got larger with more armor. Much of the naval arms race from WWI until WWII was in who could make the largest ships with the biggest guns.
Now much was made of the "death of Battleships" since December 1941. But what all of those individuals forget is that the ships sunk then were not at sea, but tied up in harbor where any ship is incredibly vulnerable. And during WWII, there were 28 "Battleships" sunk in combat. 14 of those were sunk in the harbor. So what is the most important lesson? Do not let your ships get attacked in the harbor.
And the vast majority of the 28 ships were also Pre-World War ships. In other words, they were built prior to 1914. There was absolutely no provision in their construction at all for air defenses, they were relatively slow beasts, designed as massive mobile gun platforms.
Many claim that WWII proved the dominance of aircraft. However, the decades after that became the era of missiles. Now aircraft do not even have to come within range of the guns to fire on a ship, they light off their missiles and go back home without even seeing the ship. And they do that because of the advantage in defense of missiles on the ships as well.
Well and good, but in the race to make ships lighter they have forgotten the purpose of having armor in the first place. And that is to allow the ship to absorb the damage from being struck and continue doing their mission. We all know what happened to the British fleet against Argentina, and the result of an Iraqi missile on the USS Stark. The armor on those ships was so thin that even a single missile often crippled them.
And interestingly enough, there has really only been one "modern warship" built with the WWII era concept that has been sunk in combat since then. That was the ARA General Belgrano, a Pre-War Brooklyn class light cruiser. But it was not sunk by missiles, but 2 heavy torpedoes.
If anything, the growing dependence on missiles shows you have to go one of two ways.
First, you go tiny. Make the ship so small and stealthy that it is hard to detect and lock onto with missiles. The problem with that is what we are seeing with the newest generation of destroyers however. They are to small to have any real use in an engagement. Little more than expensive Coast Guard cutters.
Or secondly, you return to the old way of thinking. You build your ships bigger with more armor, to give them the ability to shrug off such blows. Even the largest non-nuclear anti-ship missiles were no threat to an Iowa class Battleship. In fact, even the smaller and lighter Alaska class cruisers were largely impervious to even modern missiles.
Not really unlike the modern return to wearing armor on the battlefield. Thought obsolete for hundreds of years because of guns, suddenly it came surging back in the last 40 years because of the advance of new materials. We have knights, well we has bowmen. Well we has better armor and our own bowman, well we has guns. Well we better stop wearing armor then. It is a cycle that never really ends, you just have to aadapt to these changes, and understand what they really mean.