The difference is that with a smartphone you can choose which service provider you want (even if they're more or less the same, at least there's "competition")... or don't if you just want to use your smartphone as an internet device/music player/weak little *nix box.
Without a subscription, what can you use a Peloton treadmill for? A really low bench?
We didn’t buy a Peloton, but we did buy an Aviron row machine [1] after its Launch HN post [2]. $2k + $30/month. Is it worth it? It’s worth it to us between juggling work, zoom meetings, kids, life minutia and not having time to get to a gym. I can row at 2am if I want (and I do).
That’s what money is for: to bring happiness and solve problems.
I suppose that’s fair, as we can still row without the membership. I think the bigger issue is how this relates to right to repair and product warranty/merchantability. If you sell a product and then take away features using a software update, you should be required to either compensate owners for the lost functionality or buy back the equipment from them at purchase price.