How come LED Light Bulbs only last for about 2-3 Years?

I've bought and replaced a lot of light bulbs, and I noticed that all of them said "up to 20,000 hours" which would be about 5 years given 12 hours of daily use (which we definitely don't).

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[–] 4 points 2 years ago*

Phillips warm glow are my favorites after watching technology connections. They last, and they look just like incandescent bulbs as you dim them.

Edit: https://youtu.be/tbvVnOxb1AI?si=ULB3yXe-UomBjMTN

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