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Windows 12 May Require a Subscription
(www.pcmag.com)
This is a most excellent place for technology news and articles.
You'll go to Walmart and buy a WinBook that connects you to your Windows 365 Cloud PC. If your WinBook dies you toss it in the trash and go buy another one, sign into it with your MSA and pick up right where you left off. If you want to game on it then you buy the "Ultra" edition to do game streaming or you buy an XBox.
The first one is doable today since Microsoft already offers VDs in both M365 for SMB use and "roll your own" VDI in Azure for Large and Enterprise customers. The Second one, streaming gaming, is nearly ready and it creeps a little bit closer all the time.
Subscription based Windows is not only coming but will probably become a very normal use case in the next 10 years.