Why Millions Are Deleting Adobe (FTC Lawsuit Explained)
Logically Answered
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Tech & AI Stories My name is Hari and this channel is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, my content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. I also cover the rise and fall of several interesting companies and services that we come across on a day-to-day basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to subscribe if you would like to see any of these topics Logically Answered. Also special thanks to my editors flick5832, imrikon, and vvsnet (Discord)!
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Earn Cash Back On Stocks: Up To $5,000 Per Year https://www.silomarkets.com/logic Adobe is by far the most recognizable creative software company in the world. From Photoshop and Premiere Pro to After Effects and PDFs, Adobe is ubiquitous. Don’t confuse this popularity with happy customers though because Adobe’s customers are actually quite loathing of Adobe for a variety of reasons starting with the subscription. Adobe has not only completely eliminated the option to buy their software but they’ve implemented several predatory subscription policies to milk customers for as much as possible. In fact, their policies were so predatory that the FTC is suing 2 executives who played a direct role in shaping these policies. Aside from milking customers for their money, Adobe also got into a habit of milking their work. Allegedly, Adobe was using local work on users’ computers to train their AI models. All of this has driven the distaste for Adobe into overdrive leading users to leave in droves to Da Vinci Resolve and Affinity. This video explains the various controversies Adobe is caught up in and why millions are deleting Adobe. Free Weekly Newsletter With Insiders: https://logicallyanswered.co/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Deleting Adobe 0:27 - Adobe’s Subscription Hell 6:17 - Stealing Work 9:49 - The Aftermath Resources: https://pastebin.com/67AwVuZu Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures
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