This made me think of a fascinating exception to this
Luxury-brand cars usually get turned over every couple years so as to avoid their inevitable maintenance cliff
The really rich people that I know of drive 10-year-old beaten-up Land Rovers, though.
I think there's a nouveau-riche slice of folks who buy "luxury" cars thinking that they confer status. There are brands like this in every industry, that adopt all the pointers of "luxury" except actual quality.
Maybe it's the Scots-Irish in him, but my father was always one to go for the luxury stuff, but still seek out the good quality stuff at as good a price as he can manage and fix it up if it were broken. He knows how to keep a Cadillac Eldorado on the road for 20 years or more, so of course he's going to spring for the fancy if a used one turns up at a good price. In the 80s he bought a small mansion that was in a quasi-dilapidated state but had been standing since the opening years of the 20th century. We renovated it inside and out, and today it's on the National Register of Historic Places (though my parents no longer live there).
I think that's a nice story to highlight, being able to do things well and preserving that knowledge
While there can be benefits for mass producing things, what actually is produced is going to be limited by what techniques are conducive to automation. So the techniques that are hard to automate are lost from the market of provided goods and then human capital for it also gets lost (can't think of any concrete examples off the top of my head, but maybe the techniques for some elements of clothing that are now only found in couture/custom pieces). Another related idea is how there are much fewer color variations in manufactured goods now, simply because it simplifies the mass manufacturing process.
Maybe how clothes used to come with a decent margin on the hems so you could alter them, but now they don't?