I do not agree with this statement. If anything, overclocking is less prevalent than ever before, despite what all of the LTT's and friends make videos about.
The reality is modern CPU's are crazy fast, and auto-overclock (boost/burst) all on their own. There's little reason to push the CPU's further - and more significant gains can be had much safer by upgrading CPU generations than squeezing out a few extra percent of performance in benchmarks.
There will always be enthusiasts that want to overclock - but I don't think we can consider overclocking mainstream.