Has On-The-Job Training Gone Extinct?

I lost out on a job last week because I was told I don't have the right experience, or enough of it. I probably don't have all of the right skills, either, but that's not the problem. You can learn new skills in a day, but being experienced at something takes time.

There's nothing I can do about my lack of experience in digital media right now (the issue in this particular instance) -- I haven't done what I haven't done. But clearly, for some positions, it's going to be an obstacle for me.