You realize that was 37 years ago? Back in those days, people still listened to AM. Not the case any more. Yes, many AM stations are "news/talk," but they mostly carry nationally syndicated programming. That was also not typically the case 37 years ago.
The following 2015 study wasn't written by AM DXers:
https://huxley.wwu.edu/files/Cascadia_Rising_high_0.pdf
A couple quotes:
"There are over a thousand telecommunications
facilities in the impacted area of Washington and
Oregon. Roughly two-thirds of these facilities may
suffer medium to high damage from the initial
earthquake ... the majority of
communications facilities in Washington’s I-5 corri-
dor may suffer medium to high damage."
"While television and FM broadcast may be available
in some areas of the I-5 corridor, their signals will be
unable to reach past the coastal mountain range to
provide service to survivors in the heavily damaged
coastal regions. With AM radio’s longer broadcast
range, survivors with power, or those who attempt
to listen in their vehicles, may be able to receive AM
radio signals." (P. 166 of the PDF)
While I agree with you that less people listen to AM radio than 37 years ago, the smartphones that everyone relies upon today to get their news and information just won't be working well for awhile in the most affected areas after the big one hits. And inland FM, AM and cable TV broadcasters may have to deal with power outages that may last longer than a week or more.
I don't think AM radio will save the day, anymore than ham radio or CB radio will save the day. But if I were in an area vulnerable to a 9.0 earthquake, I'd at least keep a Walkman in the drawer with a spare set of batteries.