This is still the case in many companies I (founder of a small troubleshooting company; we search out problematic large, cash rich companies like these; they all have failing processes and IT all over the place) meet with; sometimes it's frowned upon, but often simply no one takes notes. Which shows these meetings (almost all meetings I go into) are a complete charade of managers wanting to show they have 'something important to do, really!' (somehow there are often 10+ people there). I am in meetings (including Zoom etc and irl) where i'm sure no-one really heard or understood what anyone else said (different accents of English from different countries and background and of course, no one can say anything because we all have to respect people etc); no notes, no recordings (and of course, the captions of the video chat or my phone didn't understand anything that was said either), while someone was explaining quite difficult, in depth stuff, for 2-3 hours. Afterwards, the stuff is rehashed in a 15 minute text chat with the person who explained the difficult stuff; why didn't they write it down in the first place and forgo the meeting? Because half(that's generous, it's more like 80%) of the room should have no (high paying) job; they are just there for being there.
Ah, the enterprise world, such joys; I enjoy it as I threat it like a cosmic joke; it's a comedy show, not unlike The Office including the main characters high pay.