South Asian flatbreads like naans, rotis, dosas and parathas can definitely be made well with induction. Plus the precision control of heating opens up new possibilities with all cuisine types.
As for embodied replacement costs - that talking point has been used or rather misused to dismiss everything from solar panels to EVs to wind turbines. Just because there is a payback period doesn't mean that it's insurmountable. What's the payback period on fast fashion and other consumerist nonsense? Infinity right?