There are always early adopters and researchers looking at new, publicly available software. Critical industries have long waited for software releases to be stable and "recommended" by the vendor before upgrading, letting those early adopters who can afford some availability risk take time with it.
The observation that "if everyone in production has a cooldown, the benefit is gone" is an absolutist opinion.
I have seen this occur in some fashion - my company's product has a software version that's been out for almost six months and we still tell customers in critical industries to stay on the older version out of an abundance of caution and with the understanding of what upgrades require for them. Stability > features.