No dude... for HDDs especially that cannot apply. Most people rapidly run out of space, apps and OS rapidly keeps getting bigger and bigger. Even if HDDs last forever, there will always be a big demand for new ones.
Also, HDDs need to be very reliable... imagine loosing very important data! You guys make it sound that a lower HDD life is the norm! It should be the other way around... most HDDs should last (many/most do) well over 5 years... those that dont have either been mishandled or are not upto the mark in quality.