These industries are pipelined. When generation N is in operation, N+1 hardware and software must be in development, N+2 specifications must be in endless committee discussions phase, and N+3 techs must be worked on in labs, etc.

This is an underrated point. PCIe, DRAM, and WiFi standards are similar. I watched a YouTube video about how PCIe 6.0 was developed, and, damn, the pipeline is long and very complex. Even test equipment has a separate/parallel pipeline.