Is leetcode dying?

I came across the news and posts saying that leetcode is dying with the coming of AI. Companies are now focusing on testing the candidates more on what is actually relevant in the industry - like walking them through debugging process, reviewing PR etc. the idea is that it's no longer relevant to test candidates on something which AI is capable of doing. Wondering how true this all is? is leetcode actually going to die? is it worth spending time learning algorithms now or do we practice more scenario based questions?