Yes it should have changed, but I disagree with your metric on measuring how change is required.

By very-rarely revisiting these ~17 year old policies they avoided naturally-increasing their specs to foster and keep-up with more demanding software, and subsequently in the last two generations had to play catch-up and rush to upgrade their entire product line to a higher baseline of memory to support AI and increase their thermal capacities to support their foray into AAA games, leaving billions of active iOS devices as unsupported.