Hm. I was thinking of the problem in terms of “what is”, and not so much “what it looks like”. SG-1 is a good example, where the argument is that there is no actual magic. Its “sufficiently advanced = looks like magic” not “… = magic”.

I interpreted the question to consider actual existence of magic. So, I suppose it hinges on how “magic” is actually defined. Where I thought it would be some kind of forces / energy that is manipulated by will or tools. Hm… I suppose this is a lot more nuanced.