And then "deep learning" arrived and it became even more obvious that the only thing that matters is data and time spent crunching numbers (more of both and you get better results no matter the model).
Again I just want to be crystal clear, because I'm sure someone will pop in and claim "oh I still use SVM to pick my family's shopping list": no professional ML engineer/team/org today that ships and ML product "at scale" gives a fuck about SVMs or graphical models or bayes nets or kernel methods. No one. So who cares about all this sophistry? What value is it to learn concentration inequalities - training goes brrr no matter what if you have enough data. And if you don't, if you're really building a model to predict your family's shopping list, I encourage to reflect on whether it would be simpler to just ask your family what they want for dinner instead.
My 2 cents: teach people/students useful things instead of this stuff. They'll be happier and you'll feel more fulfilled (even though you didn't get flex your big math brain).