I don't think docker-compose will ever be dead, it's the easiest way to setup a local environment that needs one (db?) or more (db and queue?) components. Deploying locally to k8s (minikube) takes still some time (build the image, push it to the local registry, run the deployment manifests, etc.) which become a PITA for very small changes.

I prefer to run DBs using docker and docker-compose on my homeLab linux servers than installing MySQL through the package manager. A lot cleaner/easier/faster to configure.