Given the cycling unfriendly design of most NA cities, using a Peloton instead of an outdoor bike ride seems like a sensible safety measure to not get killed by a distracted SUV driver.

Higher net worth individuals like the ones you find in the upper middle class also aren't going to be risking their life daily on a bicycle outside just for exercise.

You can easily just roll out of bed at 6 AM and jump on a peloton and safely get good exercise everyday, no matter the weather or terrain.

Yup, I lived in Chicago only a mile from the Lakeshore Bike Path and almost never used it after a few run ins with distracted drivers and almost being hit. I use my (not Peloton) stationary and Peloton Digital all the time though.