Time productivity: CNC is faster being Integrated.
Money Productivity: CNC is more automated , and hence higher Money Productivity
Tool productivity: CNC is more technologically poised hence higher Tool productivity
Quality: : Because of more automation CNC produces better quality
In context with smart hypoid gear having some involute properties which means robustness for the shaft misalignment. you may look for Tool productivity, quality, and consider elastic deflections
As Ghassan said, the manufacturing technology depend of the size batch. For a little size you can use a 5 axis milling machine (if you want see this video: https://www.youtube.com/watch?v=KZupKP9igIs). The advantage of this technology is that you can manufacture whatever gear geometry and reach a good quality level.
For mass production is normal to use especific machine. See this video please: https://www.youtube.com/watch?v=bojVO3KBOfg.
As you know current hypoid gear have been oriented a few companies such as Gleason Work and Kligenberg, etc. Then the gears are made by machine-based process. I am developing mathematically the geometry. After finishing my first work, I will concern how to machine it effectively. But it would be too big job to me. However, first of all, I would like to know what's going on if my gear is made by 5-axis CNC machine. Hopely, if my imaginary common rack behaviors are geniously considered in developing to make tool path coding, some ecconomically reasonable productivity can be obtained.
Newly, I think that the better machine for make this part is a 5 axis milling machine. The type of 5 axis machine is RRLLL (rotating, rotating, lineal, lineal, lineal).
I have successfully used 4-axes milling machine center (MAHO-DECKEL type) to produce high precision spiral bevel gear set.
In the case that no dedicated type machine or the manufacturing of specialized gear set is available the only option is to use CNC milling and design you tool and tool path to do the job.
Of course we cannot offer to buy a dedicated machine if we only want to produce several sets hence the answer to your question yes if you are planning to produce few sets.
Using 5-axis milling machine (as Daniel said in his answer above) gives you better flexibility to work out your tool path and perhaps the use of simpler tool geometry.