IMO, appreciating assets should be owned, depreciating consumables should be rented.
All businesses will eventually turn into subscriptions
21–30 of 78 posts
Re: All businesses will eventually turn into subscriptions
#22You will own nothing and you will be happy. I am waiting all this to crumble under its own weight. The concept of ownership will not go away. It takes time the masses to realize, but eventually they will realize the truth. And will buy nothing. This ultimately will bring people down to earth and they will revolt. The picture planned by Davos elites and most powerful corporations has one big flaw. There is no way to s…
We'll all just eventually "lay flat" like they do in China now when we figure out that hard work doesn't get one anywhere meaningful.
https://www.brookings.edu/techstream/the-lying-flat-movement...
Re: All businesses will eventually turn into subscriptions
#23Gaming is ahead here, they thought subscriptions was the future 15 years ago and everyone tried to make subscription games. Then free to play with microtransactions came around and completely turned that on its head, microtransactions generates way more revenue than subscriptions! It might not apply to every field, but it is wrong to say that everything will turn into subscriptions.
Some in the gaming industry tried/are trying hard to make Netflix of gaming subscription work. Micro transactions work right now but maybe tomorrow it is subscription based gaming again.
GeForce Now has me hooked. $10/month not to own a gaming PC any more is pretty good.
Re: All businesses will eventually turn into subscriptions
#24Subscriptions make sense for things that you get a regular recurring supply of, like milk and newspapers. They might make sense for things that you can get regular upgrades for, like software (although often the "upgrades" aren't really worth much). But they make no sense at all for durable goods that can last for years without significant upgrades, like cars. The whole point with such goods is that you pay once and…
They also make sense for brittle industries, that would disassemble once the market is supplied and then fall apart, loosing all the expertise and would have to reassemble after what is essentially a extended pig cycle.
Its also a incredible resilient business model, as proven by the mobs various protection rackets.
Re: All businesses will eventually turn into subscriptions
#25Subscriptions make sense for things that you get a regular recurring supply of, like milk and newspapers. They might make sense for things that you can get regular upgrades for, like software (although often the "upgrades" aren't really worth much). But they make no sense at all for durable goods that can last for years without significant upgrades, like cars. The whole point with such goods is that you pay once and…
> But they make no sense at all for durable goods that can last for years without significant upgrades, like cars. Which is why there is a war on durable goods, such as trying to develop viable cloud gaming to replace people's gaming computers with subscription services.
I like these services a lot. I only need a laptop for my daily stuff, but once in a while (once a month?) i want to play a AAA Game. A gaming PC would be a waste of money.
Re: All businesses will eventually turn into subscriptions
#26All subscriptions will eventually be free
Re: All businesses will eventually turn into subscriptions
#27I think the Jetbrains model of perpetual fallback licence and renewals for continuous updates beyond the subscription period is the most fair model for both the user and the developer. Wish more companies would adopt this.
I hope its obvious that that's precisely why it won't be adopted. thriving companies aren't made by making fair transactions with users, its by forming parasitic relationships.
Re: All businesses will eventually turn into subscriptions
#28I think the Jetbrains model of perpetual fallback licence and renewals for continuous updates beyond the subscription period is the most fair model for both the user and the developer. Wish more companies would adopt this.
I second this. When I saw that they were moving to subscription I was suspicious, but with the fall-back license and discounts for subsequent years' updates, I'm very happy with it. I have the All Products Pack and love it.
Re: All businesses will eventually turn into subscriptions
#29You will own nothing and you will be happy. I am waiting all this to crumble under its own weight. The concept of ownership will not go away. It takes time the masses to realize, but eventually they will realize the truth. And will buy nothing. This ultimately will bring people down to earth and they will revolt. The picture planned by Davos elites and most powerful corporations has one big flaw. There is no way to s…
We'll all just eventually "lay flat" like they do in China now when we figure out that hard work doesn't get one anywhere meaningful. https://www.brookings.edu/techstream/the-lying-flat-movement...
That’s what happened in communist Poland. When a doctor makes the same amount as a receptionist or a street sweeper the motivation to be a doctor is pretty low.
Re: All businesses will eventually turn into subscriptions
#30Subscriptions make sense for things that you get a regular recurring supply of, like milk and newspapers. They might make sense for things that you can get regular upgrades for, like software (although often the "upgrades" aren't really worth much). But they make no sense at all for durable goods that can last for years without significant upgrades, like cars. The whole point with such goods is that you pay once and…
I would never own a car. But I suppose I don't want to drive a car that is older than 3 years and I don't enjoy selling used cars. I prefer the freedom I get to just hand the car back after 3 years and don't have to think about it anymore. Also no unexpected service costs and so on.