That might be true in the number of active chess players, but it's no longer viewed as a peak intellectual game and the magic is long gone, just another intense hobby some people do, but basic machines can do better.
It’a still viewed as a peak intellectual game. And the magic is still there, just watch or listen to the fans of Magnus Carlsen when they’re viewing, discussing or analyzing his games.
Maybe not the peak intellectual game, because there are overall so many other games, digital as well, but it is unaffected from the fact that computers have beat humans.