Yes, obviously that 1% figure is a simplification. Of course not all motors are created equal, and neither are all operating conditions!
But the neat thing about my argument is it holds true regardless of the underlying failure rate!
So long as your per-motor annual failure rate is >0, 43x it will be bigger than 3x it.
For example, do the motors in hard drives fail anywhere close to 1% a year in the first ~5 years? Backblaze data gives a total drive failure rate around 1% and I imagine most of those are not due to failure of motors.