I see this a work the many of the senior guys ride road bikes now, when I started 20 years the then senior guys played golf. I’ve even heard one of my colleagues say its not what you know its who you ride your bike with.
I bought an issue of cyclist magazine a few months ago, they regularly review bikes that are £8,000+ (i know there are mountain bikes that cost this much) but they lost me when they called £4000 bike entry level. A triban 3, Boardman or px bike is entry level.