I would disagree, but it comes down to what kind of manager you have. I have seen plenty of people here on HN say that their 1:1 are basically just a manager going through the motion but there are still many 1:1 who are highly effective.

1:1s between me and my manager are usually very productive. Our project had non existent tests and through 1:1s I was able to advocate for tests and TDD to my manager. 6 months later our entire team is all-in on TDD. There were other gaps that I noticed on my team too that I would bring up in our 1:1 and we have a discussion about it. Are all my suggestions going to be implemented? No, but it's still worth having a discussion.