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To me it isn’t acceptable that phones and tablets have that problem too, especially devices that could still have a decent performance.
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Windows has a lot of problems, but at least if you have Windows you will be supported for a long while, even if it gets slow due to Windows being Windows. Considering ChromeOS frames itself as a competitor of especially low end Windows, and that ChromeOS is more optimized than Windows, I would expect more.
EDIT: The article says three to six years, and that they stop functioning. That’s even worse.
EDIT2: And like most phones, you can’t flash another OS to most chromebooks.
At least it would be GPL tho.