Problem with input selector

Good lord is EEProm that fragile these days. Bummer. How many R/W cycles kills EEPROM in reality. I cannot remember that R/W killed any EEPROM in 20 odd years making several million products. I think the EEPROM will outlast this product. Even the relays has limited life, The switches and potentiometer also. For integrity you can save the settinbgs in two or more address locations, Never the less, nothing lives forever.
 
At work we had several problems,.related to eeprom failure. 1. Automotive air conditioner controllers , several pieces, after year or two usage, failed to remember temperature set. Had no external eeprom, no standby voltage, no battery, no voltage on electrolytic capacitors left while turning off, tested good unit too. Only one , who stores settings, is processor with internal eeprom, datasheet says 1000 rw cycles. 2. Old soldering station with m24c01 chip, after replacement memory functionality restored. So eeprom is over- trusted i would say, by saving few cents on external memory chip, they make device useless while eeprom fails.