The problem is, the sort of devs who would jump right into Ruby On Rails a decade ago are now doing stuff with React, Node, Go, and (if they're lucky duckies) Elixir.
Still, it's easier to code a backend in Rails than in Phoenix (done that) or Django (inherited one). Both have extra layers that Rails proved to be unnecessary until the business scales to levels that very few companies reach. And if it doesn't, any MVP in any language can keep running fine for years. We can start debating about tradeoffs and premature optimizations but I don't remember any unicorn to shut down because it started with Rails (or PHP, hi Facebook!) and couldn't cope with the load. It's so much more about marketing and execution than technology.