No, I would say this is still correct. There is a feedback beyond yes/no right/wrong that has not been able to be replicated in automated teaching and training that a competent teacher can provide.
There is free education to be had today that wasn't available in 1995. It's not better than the face-to-face education we had then or now, but it's quite a bit better than going without any education at all due to location, circumstances or finance.
I'm thinking most teachers can be replaced by software while benefiting the student.