Price hikes on tech and life span of devices

I wonder if the price hikes across the board on tech (memory, storage etc.) result in an increased focus on longevity and using devices for longer.

Both on consumer level, but also on corporate level with updated policies to save costs.

If so, I'm here for it. Of course the reason behind it is not great, but the reaction would be healthy.

A lot of people have been buying new tech too regularly for a long time, and it's rarely out of necessity.