If it keeps on doubling like this, a fraction of the installed base may be affected by this some 10-15 years down the line. That's kind of how the math works out. Most batteries around that time will be new ones. And that seems to be the time line that these things are sold for. They might have quite a bit of life in them beyond that of course. It's not like they just stop working.
In any case, we're talking about first and second generation products here adapted from batteries designed for the automotive industry. It works and it's great but there are better options coming to market that are more optimal for grid storage. Ten years from now, this market is going to be very different in terms of cost, performance, longevity, and volumes produced and deployed.
The world's electricity production per year is around 25 pwh (25000 twh) per year. So, you can do some back of the envelope math on that. We're going from hundreds of gwh to twh of battery produced per year in the next years (overall, not just grid). Each of those batteries is good for thousands of charging cycles. So if you were to charge and cycle each battery every day to add up to 1/365th of 25pw, you end up with a number of around 70twh of battery that is needed. We don't actually need that much of course since there are other options on the grid. But it just shows you that it could be doable and might be what we have in the field in a few decades. A few twh of battery on standby goes a long way and might just sit there fully charged most of the time.