I'm curious about this claim. It's certainly easier to just wire up a modern microcontroller, but is there a better option that involves no software and is likely to still work the same today as it did 50 years ago?
But in terms of cost, a simple microcontroller is usually cheaper than a 555 nowadays, often doesn't require external components, and so even if all you wanted was a single function like an edge-triggered pulse, or generate a single frequency, it probably still makes sense to use a microcontroller from a board design perspective. As soon as you want anything slightly more complicated, odds are you can replace a ton of other circuitry on the board with that single chip and a small program.
'Grab laptop, fire up IDE & plug in programmer cable' vs. 'configure the circuit using a soldering iron'. Both have their place.
For that matter, a 16 pin CH32V003 can emulate a vast array of 7400 series devices as long as you don't need ns timing — no problem for µs. It's also cheaper.