It means entire societies have favoured the tech innovation (along with its caveats) more Retro Vintage Bernie Sanders BERN 80s 90s shirt than its predecessors at such a consistent and significant rate that producing & selling the predecessor technology is just economically impossible. Such conditions are necessary for this to happen, in my understanding. You saying that smart products will become the norm just means that society will accept their caveats as the norm too, to the point that less than 1% of the population prefers the predecessor. For that to happen, people have to massively stop caring about data collection (a possibility).
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Sounds fair. If say half the population is uncomfortable with this tech now, then something Retro Vintage Bernie Sanders BERN 80s 90s shirt must change for demand to build. I do share the belief that this will eventually take over, but only because people probably don’t care much about sharing data. This initial reaction to something new is normal, and will probably pass in the next two decades. It’s important to have public discussions like these about how tolerant we are to profit-generation through data in exchange for making our lives easier. In the end, superior products will likely take over–like debit/credit card transactions vs cash transactions.