That might be a factor, yes. Last time I tried Arch was around 2015.
However, I come from a business perspective here. You really don't need an operating system that introduces new versions on a whim in the middle of operations. There's a reason businesses run RHEL/Centos or macOS and whatever has LTS in Windows land: cost of maintenance and reliably wide windows of no possible breakage.
As a business, it's kind of a dodgy position to be at relying on "yeah, randomly upgrading versions worked for me so far. Fingers crossed, lol".
So I'm interested in what people use their Arch Linux for and what didn't work for them on any other stable platform. My personal observations point towards the Arch Linux users being the tinkerers who like to use cutting edge and hose their Debians trying to wedge some newer version into it. While the ones that ran screaming away from Arch pretty much never had the desire to change the underlying system and were happy with a security backport now and then.