Actually it's a little of both. You do have to guide it by hand according to the map it shows, however it will correct small deviations from the path allowing relatively accurate cuts.

It has two huge downsides over a regular router: you have to place marker tape (quite expensive) all over the workpiece, and it will stop working once the marker tape is cut. Also, you have to keep guiding it throughout the process so you don't get the time benefit (multitasking) of a regular CNC router.

I don't think it's a really good choice for a makerspace actually compared to a regular router table, unless there is a serious lack of space.