Traditionally, if I buy a $500 dishwasher, the OEM is responsible for repairs under warranty. When the warranty lapses it'll still keep working perfectly fine, and if something breaks I can go to one of a dozen repair shops in my local area. Same if the manufacturer goes bankrupt: it'll keep working, and I can still get it repaired.

These days, if I buy a $500 tech product, it can turn into an expensive brick literally the next day, and there's nothing I could do about it. Even worse, it can happen because the OEM feels like it, not just because they went bankrupt! The fact that I own and possess the product has become completely meaningless, its fate is permanently in the hands of the manufacturer.

Somehow we've ended up with all the downsides of renting/leasing, and all the costs of purchasing. It'll only get worse unless we start punishing companies for behaving like this.

It is a reasonable argument for the regulatory state though - which is to say, delays to market from regulation could have reasonable origins - like requiring sustainment plans when you're going to do human implants which aren't removable. With the obvious counter-balance that the government and by extension the taxpayer should take on some of the risk if they truly want "rapid to market" development.