Most IoT devices that died did so because the vendor went out of business and had to shut off the servers. Most lived in hope that a last minute investment would keep them afloat. In a few other cases, it was the middleware software provider (like Google IoT) that shut down and bricked a device.

This legislation might apply to a big company that decides to discontinue a product line and could then send notices out, but most startups won’t know (or admit defeat) till the last possible moment. By then it’s too late.