Influenza has existed in human populations for a long time, yes. However the 1918 pandemic was a novel H1N1 influenza A probably from birds. It was never eliminated in humans and continues to kill people to this day. We "learned to live with it" because up front capital costs are distasteful to idiots who can't see past the next quarter.
COVID-19 will now do the same. That's a bad but predictable outcome of short term thinking.