Every time I see one of these HN threads, I am actually amazed with what Adobe was able to pull off. I'm not surprised that they could do this to pros who were used to a particular workflow. In fact, for some businesses, a subscription may have some benefits. You were probably upgrading regularly anyway, and the only downside is that it's an expense you can't cut back on in a lean year.
But there are so many hobbyists, including here HN, who just went with it and have given Adobe thousands of dollars over the past decade just to keep using Lightroom or Photoshop! It just boggles my mind. There was a brief period where you had no good alternatives - GIMP wasn't it - but for almost all hobby needs, you now have very good pay-once options (e.g., Capture One instead of Lightroom). It's basically a monthly fee you pay for not having to think about the problem, and people are willing to pay it for many years.
Makes me think I should be doing more bait-and-switch...