It has nothing to do with how "modern" the drive is.
First off, a reactor on the LINE side is a Line reactor, if it is between the drive and motor, it's a Load Reactor. they are the same device, but they are sized differently so it's always important to make that distinction when ordering them.
A Line Reactor all by itself as a harmonics mitigation strategy is limited. Their more intrinsic value is as cheap insurance for the drive. It slows down any rapid change in current coming from line (grid) transients and lowers the amplitude to levels easier for the drive to survive. 20 years ago, grid switching was relatively infrequent, maybe a few times per week. Grid switching transients are now happening hundreds of times per day now, because of how the NIMBY (Not In My Back Yard) syndrome affects utilities. They have a hard time building new infrastructure, so they must switch power around a lot more often and every time a HV switch opens or closes, it makes a transient spike. A line reactor dampens those spikes. To that end though, one large LR ahead of several small VFDs does just as much good as a single LR ahead of each VFD, so there is no point in building them into the VFDs at extra expense.
A Load Reactor is cheap insurance for the motor. Same principle, different effects. It slows down the rise time of the individual PWM DC pulses going to the motor, so it decreases the possibility of creating Standing Waves, as well as causing capacitive coupling in the motor itself that can lead to bearing damage. It's not a solution in and of itself, it is PART of a strategy to mitigate issues, IF the conditions are right to need mitigation.