You missed the point. It's not about what React does, it is the "nobody uses jQuery anymore, everybody uses React" syndrome. React doesn't need to do anything as long as we use it.
I think you're attacking a straw man here. The people who want you to get rid of jQuery are mostly arguing that vanilla JS does what jQuery does.
As for abstracting the relationship between data and presentation, there is definitely a React bandwagon, but that's kind of the second stage after getting past jQuery.
As for abstracting the relationship between data and presentation, there is definitely a React bandwagon, but that's kind of the second stage after getting past jQuery.