The Instant Pot Failed Because It Was a Good Product

I appreciate that pressure cookers has the potential to reduce energy consumption by shortening the cooking time. Having said that, doesn't it seem a bit against the whole BIFL-movement to choose an electric pressure cooker rather than just a stovetop pressure cooker with far fewer possible points of failure? I'm sure the electric ones have a host of different features, but still... Simple stuff tend to last better.