I did my apprenticeship 10-15 years ago and we were still using Colchester lathes to learn our trades. We also now do a section on cnc programming which is now more relevant to large industry.
The craftsmanship is still there, just in a different form now (it's not so hands on). End of the day, somebody still programmed that machine to make those parts (or drew the part in CAD, and had the CAM software generate the programme). I know what you mean about it not being such a skilled craft now though, but from another view point, removing the human elemant means parts are more consistent and quality is better as a result.