Imagine what you could get away with if you owned the ledger of truth. Any time you made an offence, you could just update that ledger to say the people complaining are wrong, and that's the end of it.
I feel that the tech industry does not have sole ownership of this powerful tool
And in sufficiently large contracts this is usually agreed upon. Also gives large cloud companies an incentive to "invest" in uptime monitoring companies.
Those status pages are often linked to contractual SLAs and updating the page tangibly means money lost.
So there’s an incentive to only up it when the issue is severe and not quickly remediated.
It’s not an engineers tool, it’s a liability tool.