It's an anti-customer, anti-industry, anti-everyone succubus riding on tired legacy trash and incompetent court rulings that allow it (and other corporations) to steal from customers and creators of all kinds... even musicians.
Autodesk is an evil rapacious company. Competition authorities should not have allowed them to buy Revit, to create a monopoly for Architecture software, enabling them to get away with charging outrageous prices to Architects, especially considering how poorly paid they are.
Very emotional article. I keep seeing this trope but I wonder how people reconcile this: autodesk is enshittifying its product. Users are leaving. But also wall street likes it. But also Wall Street is this powerful institution that keeps making money.
How does all this add up? Is Wall Street so stupid to encourage all products to enshittify thereby leading to their own loss of investments?
It's quite a simple story, wall street likes companies that make profits - and by that I mean that they receive more in revenue than they spend. Now there's really a few ways of making more profits.
You can invest (spend more) and hope that that investment yields more revenue down the line. This is bad. Wall street doesn't like this, because you're definitely making less profits now because you're investing money you could've given back in profits, you might make more in the future - but no guarantee. Risky! Wall street hates this!
You can raise margins. This can be good. As long as demand is fairly inelastic this will pretty directly translate into profits. But you can only do this for so long, by definition you just always want to do this until you can't any more, so you've probably already pulled this lever as much as you can.
You can cut costs. This is good. Wall street likes this. You definitely get more profits right now. It could impact your ongoing growth, but that's just maybe! You can be more efficient right? And even if it does impact your future growth that's not going to show up for years. So right now, you're more valuable!
More directly, they don't care about the crash, because some of them either can profit from the crash or more generally are incentivized to think they should extract all value right up to the point of crashing and not a second less, because that is leaving money on the table
I see it as an extension of the tragedy of commons, no individual wants to destroy the finite resource, but everyone exploiting it to exhaustion always will
> autodesk is enshittifying its product. Users are leaving. But also wall street likes it. But also Wall Street is this powerful institution that keeps making money.
Enshittication makes earnings go up. Not infinitely, but for long. Enshittication is not done for fun, it is done for shorter term profit and Wall Street is all about that. Eventually it will go down and Wall Street will desert the company, moving money into something else to enshittify it.
I’m new to hardware stuff but have been putting in a lot of time in fusion 360. It seems to work well on Mac and Windows and it’s free for me just starting out.
I got a year subscription for $350, which was not a horrible price.
I will say it is very weird to me that there isn’t an open source program with all the features that Autodesk has.
It's an anti-customer, anti-industry, anti-everyone succubus riding on tired legacy trash and incompetent court rulings that allow it (and other corporations) to steal from customers and creators of all kinds... even musicians.
How does all this add up? Is Wall Street so stupid to encourage all products to enshittify thereby leading to their own loss of investments?
You can invest (spend more) and hope that that investment yields more revenue down the line. This is bad. Wall street doesn't like this, because you're definitely making less profits now because you're investing money you could've given back in profits, you might make more in the future - but no guarantee. Risky! Wall street hates this!
You can raise margins. This can be good. As long as demand is fairly inelastic this will pretty directly translate into profits. But you can only do this for so long, by definition you just always want to do this until you can't any more, so you've probably already pulled this lever as much as you can.
You can cut costs. This is good. Wall street likes this. You definitely get more profits right now. It could impact your ongoing growth, but that's just maybe! You can be more efficient right? And even if it does impact your future growth that's not going to show up for years. So right now, you're more valuable!
Wall Street will be the last to find out the emperor has no clothes. That is called a stock crash.
I see it as an extension of the tragedy of commons, no individual wants to destroy the finite resource, but everyone exploiting it to exhaustion always will
It would cost too much for customers to switch.
And, sometimes, they are right.
Enshittication makes earnings go up. Not infinitely, but for long. Enshittication is not done for fun, it is done for shorter term profit and Wall Street is all about that. Eventually it will go down and Wall Street will desert the company, moving money into something else to enshittify it.
I’m new to hardware stuff but have been putting in a lot of time in fusion 360. It seems to work well on Mac and Windows and it’s free for me just starting out.
I got a year subscription for $350, which was not a horrible price.
I will say it is very weird to me that there isn’t an open source program with all the features that Autodesk has.