Yes, difficult times,...people are loosing their jobs, inflation is growing,...BUT, this makes people think about starting their own thing, open a business, be their own boss, so they need branding and everything that goes with it. And crowdsourcing platforms like this one are the price/quality middle ground, between amateur "do it yourself" AI, Canva, etc options, and marketing agency, pro, expensive and often overpriced option.
Do not panic,...logo design will be here for as long as there is human activity in production, creating a new value, providing services of any kind. This platform just needs serious approach to reaching its target clientele.