It has a limited number of write cycles, yes, but the life of an SSD will generally exceed the life of a standard mechanical hard drive, which has a limited motor duration. SSD also has something called “wear leveling” which balances the number of write cycles out over all the chips such that you don’t just kill one chip by constantly writing to it.
Also, both technologies (HDD AND SSD) “map out” defects so even if you do burn a few thousand bits out, you won’t even notice it. now, if an entire chip goes offline, you’ve got some problems, but this is equivalent to saying “what if only one of the platters dies on my HDD?” well, my friend, then you’re f**ked. Time to buy a new one in either case.
But your concerns seem to be about the reliability of SSD, which generally exceeds the reliability of regular HDD. It isn’t a new technology at all, really. SSD has been used in military/industrial applications for years. Because it came from this world, most of your concerns have already been dealt with.