@j12t I would not say it's dead. It feels like it's going that way but it's not there yet.
Examples of worse would be:
Linkedin turning the network section into yet another area to promote things out of your network. Seeing your connections is now an extra click for not logic reason.
News sites making reading nearly impossible with ads and videos and things popping into view. They can claim someone watch the video because it ran in someone's browser even if its impact was negative.