The question is therefore not whether lecturing is useful or where does it fit in the overall learning process, but whether those limited hours of prof/TA time are better spent lecturing vs doing something else (e.g. active learning).
There is a trade off between lecturing and active learning, even if you perfectly understand what lecturing is supposed to do.
Which is not bad, but compared to a more coherent program which inspires and empowers students to get interested in the industry and/or maybe in research would be much much much better.
And yes, of course, obviously, of-fucking-course, every year every every stakeholder in this huge circus parrots about this.
And nothing happens. Credentialism and perverse incentives just continue to rob everyone involved of their passions and joy of learning. (Okay, not everyone, but there's a reason that colleges/universities become "easier" https://www.slowboring.com/p/college-students-should-study-m... )