Hardly. I've read several good ones during the AI era and I'm still reading them.

However, that doesn't mean AI is useless for this type of thing. Its very, very good at acting as an "expert" to answer questions you may have after reading the book.

I'm also in an actual informal bookclub with a few friends. It started in the AI era, all nonfiction books and is still going strong.

Depending on the model and size of the book, its also possible to load the entire book into the context window and ask questions.