Do you miss phones with replaceable batteries? By 2027, you won’t anymore because, by law, almost every smartphone will have them again.
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They don’t?
I’m pretty sure you can install iOS 16 on an iPhone 8, which came out in 2017, almost 6 years ago. And that’s a major system update. If you just need security updates, the latest one was in January and supported phones as far back as the iPhone 5s, released almost 10 years ago today.
But in reality, people want better phones and better cameras every few years, so they buy them. And they tend not to throw out their old ones, but sell/trade them or pass them along to someone else.