That's not quite true, in particular the reliability/throw away at 2 years. Yes an Air cooler over a duration of say 5 years or more is less likely to experience mttf than an Aio cooler my old titan Fenrir must be close to 10 years old and is still strong.
You can target Coolermaster seidon v1/2 as an example of an Aio with a high failure rate, maybe a few others.
However BEQUIET's Aio range have a refill port either in the pump or the rad and also feature g1/4 threads for system expansion. There are a few other manufacturers with refill port/expansion options ALPHACOOL, EK .
With regards to the fluid evaporation loss on a sealed system (no refill ports), then there's a very low chance of that occurring but if it did and you noticed the gradual symptoms, pump noise, air bubble noise, lower cooling performance then you can go the warranty route,
or if you are out of warranty then there's nothing stopping you from checking the aio loop out, or manually taking apart the aio system to refill the system.
At the same time if the pump totally failed but the rad was still good you could just buy a reservoir combined pump and reuse the coolant tubing or make up your own/ add a takeoff for a gpu block/cpu block , (7/8mm tubing etc).
So whilst I agree that there are situations where an air cooler is a better alternative, in retrospect there are situations where an aio is the more suitable solution.
I disagree with your viewpoint ''worse cooling, less reliable and throw away every couple of years?''