I still read TAOCP, particularly vol 4, for fun from time to time, but I have to admit that the days are long gone when an ordinary engineer needs to study algorithms in depth. The vast number of libraries and services are good enough that most people just need to know a few terms to function adequately for their jobs. I guess it's a good thing as it shows how robust the software abstractions are, in contrast to mathematics. It's just that I feel quite nostalgic about the countless days I spent understanding, proving, and implementing fundamental algorithms and data structures.