Would it be oxymoronic for someone studying electrical engineering to detest the ever-expanding market of consumer electronics, while some may be great innovation, most are somewhat redundant?
A printed circuit board. You find this in many, many electronic devices,
a device as simple as your coffee maker might have it.

I think it's after having to do the gritty work of studying the basics of it that made me realise how much harder it is to work from the ground up. I must thank the electronics forefathers for their groundbreaking work decades ago.

The Internet opened many doors;
the mobile phone provided us communication virtually anywhere (with good enough reception)
storage devices that allowed massive data storage in tiny little packages.

Yes, there are great pros to these. Yet, there are also cons.
But to that end, what happens when a system becomes obsolete, or relatively old and hence, we rationalize as obsolete, and not because it crashed/died and cannot be revived?
What happened to all those old floppy disks? Or CD-ROMS? Or our old cassette players? (I almost forgot how to spell that word since it's been ages since I touched one)
I know for the average user who is smacked with ads/bargains of the latest must-have gadgets to own, it becomes tempting, and if the marketing worked its magic, then walla, one customer to add to their repertoire. Another 99,999 to seduce.

The whole thing with electronics consumerism is... incredible. Under two years ago they launched the iPad. And recently, they launched the 2nd generation iPad2. Now, tell me, as an end user, the supposed 'upgrades' aren't spectacular.
It looks much the same, in factexactly the same as its predecessor. Functionality, well, not really that superbly better. Why, tell me, is it necessary for Apple to have launch a second generation one?

And make owners of the older ones to feel a little, well, outdated?

There's a problem with how the economy works. We aim for growth and greater GDP, but these numbers aren't a true reflection, at least, not a complete one of the state of our economic status, I believe.

It seems, living in excess seems like the ideal. When excess is looked upon as necessity.
How many clothes do we need?
How much food do we need to take, or how fussy can we be with our food?
How expensive are the things we have to have?

I know what it's like when we procure a new item, and quite possible fawn over it for a couple of days. Then, the new-ness of the item dies down, and then quite possibly, you start looking for new things to buy. It's consumerism that's the problem.

GRRRRRR when one is not enough, smack yourself and say hey, how many more do you really need?