Perhaps, though putting King Louie alongside images like the crows in Dumbo and 'natives' in old Mickey Mouse cartoons reflected in the eyes of a young African American girl as the last image before such representations are 'switched off' and more positive ones like Raya are 'switched on' seemed a pretty clear and damning commentary on Disney's contemporary view of the character. At least that's how it read to me.
Again, though, I could be wrong and they did just mean that the character's portrayal reflects certain outdated attitudes and we'll still see The Jungle Book all over the parks, etc. Would seem odd to me, though, from what I see implied in that clip.