I like to think not. Personally for me, I tried using Prezi once and I couldn't figure it out, even though it is coming into its own around my alumni campus. Whereas, long before I took high school and college computer courses, having grown up with computers, I knew the basics of PowerPoint.
Stephen Fry once said that "Books are no more threatened by Kindle than stairs by elevators":
One source: http://www.goodreads.com/quotes/220508-books-are-n...
So I feel it's kind of like that. I think they can coexist fairly peacefully.