I have been using the same PC with the same hardware for 7 years. I have never had an issue playing the latest games that I wanted to, and I never have to so much as open the settings menu to get the game to run well. It’s literally not an issue.

Also anecdotally parts seem to be lasting much longer than they used to. Maybe I’m just playing fewer games, maybe I care about graphics less, or maybe there actually is a technical reason but in the early 00s when I first started building computers I was essentially forced to upgrade about every 2 or 3 years but now I’m still running on my 7 year old desktop with a 1070 – I was going to upgrade the graphics card but the crypto mining boom priced me out and lo and behold I’m still able to play whatever I want with nary a difficulty. Even Baldur’s Gate 3 runs just fine, with a little chugging.

I’m pretty sure that’s in support of the concept.