It's weird to watch Adobe make these fundamentally short sighted decisions. I can only assume the ultimate cause is the individual motivations of executives and managers. "Oooo, if we raise subscriptions $10/mo, we'll make lots of money, and it'll look really good on my annual review." "Oooo, this cancellation fee will really help our retention, which will look really good on my annual review." "Making Photoshop subscription only will do amazing things for our revenue."
When you have complete market dominance, you have little opportunity for growth. If your employees and investors have an insatiable need for growth, you have to try anyway, and that's where things fall apart. The #1 threat to your magical money faucet is something replacing your product as the photo editor of choice, and you should be 100% focused on making sure that doesn't happen. To do that, you need to be focused on keeping up quality, periodically adding the latest features, and making absolutely sure that the next generation of artists is coming up using your tool.
That Adobe rep 25 years ago was 100% correct, but "I keep the money pipe flowing and did not actively make it worse" does not get you a promotion.
When you have complete market dominance, you have little opportunity for growth. If your employees and investors have an insatiable need for growth, you have to try anyway, and that's where things fall apart. The #1 threat to your magical money faucet is something replacing your product as the photo editor of choice, and you should be 100% focused on making sure that doesn't happen. To do that, you need to be focused on keeping up quality, periodically adding the latest features, and making absolutely sure that the next generation of artists is coming up using your tool.
That Adobe rep 25 years ago was 100% correct, but "I keep the money pipe flowing and did not actively make it worse" does not get you a promotion.