Not quite yet, but that day is coming unless we end overfishing. So say reputable scientists, although they disagree about whether or not we should say we're "running out of fish."
Why the jellyfish boom?
It's a tired story, scientific advice is ignored as managers try to keep fishing jobs afloat by giving away fish that don't exist, even on paper. It's the Christmas spirit and it's quite nice, but it doesn't work when there's no fish left to give away.