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Lol no, that's just a reddit opinion. Business judgment rule means businesses have a huge leeway on how to do business, outside of fraud or intentionally trying to cripple the company.
Axis has products that are over 10 years old that still receive frequent security only firmware updates. If they can do it across hundreds of different hardware products, then these companies can too. (in fact, Axis was doing it well before this became a main stream issue)
It's pretty clear the issue isn't "we can't", but rather "we can, but why would we want that".