I know what you mean these types of projects inspired me to contribute as a young citizen scientist.
A different domain, but https://foldingathome.org/ is still running. Using distributed compute to study protein folding.
But to your point: No--AlphaFold is an amazing machine learning approach to predicting protein structure but Folding@Home is still immensely useful for simulating how proteins fold up over a timescale. They are/will be complimentary methods.