Still happily running Windows 7 here too, avoiding using later versions of Windows as much as possible (despite being a software developer), and planning to hold out with it (as well as Linux, and MacOS) as long as possible.
The only thing Windows 11 makes computers obsolete for, is for running Windows 11, which as usual doesn’t do much that many people actually need to do, that other operating systems, or earlier versions of Windows don’t also do.
The new requirements do mean that anyone who does want to run Windows 11, can’t use older machines to do it. And while that’s happened with almost every new version of Windows, in this case, it’s more severe and requiring things that wouldn’t usually be required by an OS except MS has chosen to require them for its own reasons.