Comment by gruez

>If a taxi company did that every year, they'd be losing a lot of money. Of course new cars and cards are cheaper to operate than old ones, but is that difference enough to offset buying a new one every one to three years?

That's where the analogy breaks. There are massive efficiency gains from new process nodes, which new GPUs use. Efficiency improvements for cars are glacial, aside from "breakthroughs" like hybrid/EV cars.