There are known exploits to get root access to every phone or laptop in the world. But researchers won't disclose these to the manufacturers when they can make millions of dollars selling them to governments. Governments won't disclose them because they want to use them to spy on their citizens and foreign adversaries.
The manufacturers prefer to fix these bugs, but aren't usually willing to pay as much as the nation states that are bidding. All they do is drive up the price. Worse, intelligence agencies like the NSA often pressure or incentivize major tech companies to keep zero-days unpatched for exploitation.
It's a really hard problem. There are a bunch of perverse incentives that are putting us all at risk.