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Windows 10 is coming up on 10 years old. Things can't live forever.
MS learned that from XP.
I recall them saying Windows 10 would be a rolling release and it would be the last one you ever had to buy. Could be wrong though. I don't pay much attention because I haven't used it since Windows 7. I don't have a link to back this up, just my hazy memory.
Well, the update from 10 to 11 is free
They are still conceptually different operating systems. There are users who are unable to upgrade because their hardware is deemed incompatible, and when Windows 10 support ends they will be left without updates. Microsoft no doubt have reasons for this, probably some good and some bad, but ultimately this is not the same as the "Windows as a service" that was sold to customers when they paid for the licence.
About the hardware compatibility, it's the same as any other software as a service, at some point you might need to upgrade your hardware in order to continue being able to use the software.
If you have compatible hardware, that is.
Are you also angry at Microsoft because Windows 10 doesn't work on a Pentium 150 with 32mb of RAM?
You are wrong. Some random guy said that on Twitter and people ran with it. It was never officially stated by Microsoft.
Here are three sources reporting that Microsoft employee Jerry Nixon announced it at Microsoft's Ignite conference in 2015. They announced the transition to "Windows as a service" model, and it is also reported that Satya Nadella described this as a "new era" for computing.
https://www.theverge.com/2015/5/7/8568473/windows-10-last-version-of-windows
https://www.bbc.co.uk/news/technology-57443598
I don't have a link to a Microsoft source, or the original video/audio, but the sources are reputable enough that I'm sticking with my original statement.