Depends on who you would ask.
Anecdata: was asked by a client why the same query was running orders slower on our infrastructure (IaaS on Xeons) than on their test server (a regular desktop with i7). I check the load, IO, yada-yada and I don't see anything what could indicate the slowness. After a bit I check the db size and ... I'm pretty speechless, because it is 77MBs. 77 megabytes and the query runs for tens of seconds. I tell the client to give me the query. They are happily oblige and provide a two FullHD screens of SQL with like... 20? More? 'SELECT *' from the same tables on and on.
After speaking nicely with the client about the origins of this query and checking their dev environment, I learned:
1. this query was autogenerated by Lavarel
2. their dev environment is 100 times smaller than the prod
3. until I forced them to copy prod data to dev they didn't believe the problem was with the query
4. between two programmers and one sysadmin on the client side NOBODY was even close to reasons of slowness.
So... for some people SQL in 2022 is pretty equal to punchcards.