There was quite a bit of discussion about that when the M1 first came out, but none of it really seemed to have happened six years later. The target audience isn't in danger of wearing it out and the ones that will push the limits will grow tired of it and sell it in a year or two or move on to the Neo 2, which might have 12gb of ram due to the expected chip.
I still think it's a great machine, but I think all these worries about NAND dying really haven't come to fruition, and probably won't. I have about a hundred plus of various SSD Macs in service and not one has failed in any circumstance aside from a couple of battery issues (never charged and sat in the box for 2 years, and never off the charger).