Are fuses outdated?

Are fuses really outdated in today's world of advanced electrical systems? Don't they still play a crucial role in protecting our homes and businesses from electrical hazards like overloads and short circuits? With the rise of smart homes and automation, have we really moved beyond the need for these simple yet effective devices? Or do they still serve as an essential line of defense against electrical fires and other dangers? I'd love to hear your thoughts on this topic and whether you think fuses are still relevant in modern times.