Originally Posted by
Boci
It could be, but I doubt it. Elves are just too popular. And when you realize their stick is "humans except better looking, more graceful and better at magic. Oh an in some IPs stronger and more endurance too", well that can maybe supply a hint as to why they will likely survive the next big shift as well.
Especially since they're tied to the fey, which are centuries old and have captured human imagination for literal millennia. Sure the paintings of water nymph from hundreds of years ago aren't strictly speaking elves, but they could be, there is a big overlap between the ideals of the two. They definitely aren't dwarves though.