Under EIP-1559, the bidding system is automated and algorithmically calculated, with the set fee amount fluctuating depending on network congestion. Instead, these fees will be burned on the network, reducing the circulating supply of ETH over time and addressing concerns around inflation of the coin.
Its not the update about the fees, its more on the supply so it can’t totally addressed the problem. Many believes that the London fork will make the ETH fees more affordable but it didn’t happen because the fees still increases when the market increases, so for me the Developer must really create an update that focused more on addressing the fees issues, this has been a problem for almost a year now and no solution yet.