Pretty sure 90% of the posters of the type at the top of the article are made for $0. I bet for $10 you could get real artists from non-Western countries to make a simple poster, but these days people would probably claim those $10 jobs and then have AI generate them anyway.
Destroyed or democratized? I'd question the financial judgement if a local fair actually paid a designer for a poster and revisions, versus just literally typing something in Word and adding some clip art.