Having frequent new models because your previous ones were flawed has its downsides. When they eventually get it right, great for the new buyers but the early adopters are left with devalued goods of low resale value.Ah. In that case I don’t agree. Having the best products a seller can make on a more frequent basis is a bonus.
If the new models are the result of genuine improvements that were not previously possible or thought of, then that is one thing and laudable. If the stream of models is to correct flaws, then that is not commendable. If it is from planned obsolescence, it borders on the dishonest. Planned obsolescence varies from having a well-planned stream of product release, deliberately holding back improvements so that they can be released incrementally to deliberately ensuring your product has a limited lifetime. The latter is criminal - see https://en.wikipedia.org/wiki/Planned_obsolescence
"In 2015 the French Parliament established a fine of up to 300,000 euros and jail terms of up to two years for manufacturers planning the failure of their products in advance. The rule is not only relevant because of the sanctions that it establishes but also because it is the first time that a legislature recognized the existence of planned obsolescence. These techniques may include "a deliberate introduction of a flaw, a weakness, a scheduled stop, a technical limitation, incompatibility or other obstacles for repair". "
Canon is not guilty in the main of planned obsolescence as they have long product cycles on their major products and they do service obsolete models for a period of time, though not indefinitely.
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