This brings with it all the advantages and disadvantages of a computer. Except that the user is not given any of the advantages they have with a desktop or laptop computer. Companies get away with it because in the normie's mind the smart watch is a watch first and foremost, and who would expect to log into a terminal on a watch? Why would you need security updated for a wristwatch? This is how artificially restricted technology is slowly being introduced into people's live, one appliance at a time.
But one could argue that a computer is just a cheaper implementation of the yesteryears discrete electronics. Which was itself a cheaper implementation of old school mechanical gears, switches and timing wheels, etc.
A locked down computer, could have been mechanical for all the user cares.
Fixing a dishwasher a while my dad told me that back in the day, they operates with a timing wheel that switched between different stages, and they had a lot of wires.
Todays dishwashers are cheaper and have fewer mechanical control parts (if any).
But yes, the don't make them like they used to -- in fact they never did!
People said the same thing 25 years ago, and 25 years before that.
A modern fridge is probably cheaper (corrected for inflation) and more energy efficient.
Moreover, few appliances lives to be 30 years old just because they don't break.
Case in point: my better half is looking for a new oven. Because the 10y old one we have is noisy, compared to the new smart ovens. (I personally hate the fact that the top models are so smart, I must spend a second or two watching animated Siemens logo, before it's ready for input).
Your second point is about the extent to which manufacturers are allowed lock their product behind proprietary interfaces (protected by the excesses of the DMCA, and lack of compliance with Right to Repair). Remember the 2023 bankruptcy of e-bike manufacturer VanMoof, locking out its customers, even ones who had purchased it? Probably legislatures will only pass meaningful consumer laws after a wave of smart bankruptcies and data asset transfers. If even then. Perhaps one flashpoint will be the rise in subprime auto lenders using "kill switches" as a high-tech repossession alternative. How are consumers protected when the company itself fails (as is currently happening with Tricolor [1], likely followed by others)?
[0]: https://www.impulselabs.com/blog/the-past-and-future-of-smar...
[1]: https://www.kbb.com/car-news/a-big-auto-lender-went-bankrupt...
I remind myself multiple times per week of the ways I compromise by letting questionable service companies into my life. “I really should self-serve this.” — I guess people who don’t fantasise of self-sufficiency to the nth degree, and don’t get angry at being force-fed straight uninterrupted ads, just think of the immediate upside.
Either the marketing people weren't very aware of privacy (specifically, the chatter around that time, about covering webcams against hackers, and about whether adtech was listening in on device mics), or they have a dark sense of humor.