Nothing has changed. It is still a bad application for road in particular and literally only has a benefit to the manufacturer.

The old aluminum Schwinn ones were an alloy rim with extremely stiff tires that have steel beads in them. Kind of like car tires.

Right now the market is trying to put the lightest of rims (least amount of material) together with the most supple tires using bead material and casings that stretch. They then put this near intended interference fit under "high" pressure.

Again the only reason to do it and the only winner is the manufacturer. It drops a ton of mold complexity and cost (scrap) from the process of manufacturing. Doubt it? Start listing all of the top performing high quality aluminum rim options that come hookless for road. I mean the market sells an order of magnitude more alloy rims than carbon even at the high enthusiast level. So why not have hookless performance alloy? The answer is because it is so easy and not expensive to include the hooks in the alloy mold. The response when asked would be, "why wouldn't you include the hooks?" Think about that.