Not if well made. As an example, Calfee provides a warrantee of 25 years on their CF frames. They are light and response and all the other buzz words.
It is not very difficult to get longevity out of a good bicycle. My Calfee was built in 2004 and am still using 10 speed, generation 1, Di2 parts on it. I don’t get dropped in races or left behind on group rides because my favorite bike happens to be older. I just like this frame a lot and the parts are fine for my riding.
Cheers,
Darth