For many people the phone is the only computing device they use. Keeping portability and offering a larger display is a compelling offering for those people.
I tend to agree with you.
I tend to agree with you.
I suspect the crossover area of the Venn diagram between people who spend what a foldable costs on a phone and people who have no other computing device is extremely small.
I'm sure most of us on HN use them for leisure, but for most people a computer is a device for work, not for play.