Not in my opinion.
Bali is a lovely island. Neighbouring Lombok is also very nice. So many things to see and heading north inevitably it becomes more quiet.
I visited bali over 20 years ago and yes it's changed. That said it is still a great tourist destination. It no doubt has its dives but on the scam front it is no where near Thailand.
All things said I could not personally think of anything worse than spending a week in London on vacation yet millions of people do yearly so it's all relative.
I will fly back to bali this summer and I can't wait.
Enjoy ubud.