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I honestly think commercial software offerings peaked in around 2010, and that’s why they’re all seeking rent now. They realized nobody wants to buy an annual new copy for incremental updates, but they also wanted more profit, not less.
There’s still cool things happening in software, but now it’s all incredibly niche, or FOSS projects that sometimes aren’t all there yet, BUT do cool things that commercial software won’t. Or incredibly niche FOSS projects.