Can we please not kid ourselves with thoughts about how this being good from certain perspectives, when the development is _clearly_ bad for consumers?
There is a difference between choosing not to own something because it is personally more efficient or reasonable to do so, and being priced out of owning something. I don't own a car because I don't need it, I rent because I cannot afford a home.
But the current model is that we all rent from organisations that use their position of power to restrict and dictate what we can do with those machines.