And the option is what, buy a Zigbee dongle and a raspberry pi run some code written by unpaid enthusiasts? 3D print a case for it and mount it on the wall, running updates and fixing it ever few months when some package update breaks it?
I like the concept of lights that run from an app. I don’t have any of the physical Hue switches for my system and it’s fine. But I do not want an app that abuses me, and I do not want to maintain some fragile project made from slapped together code. I want robust open hardware with open source software.
I’m convinced that we can achieve this, but it won’t be with the current model of business and engineering we have today.
Then they went public. This attracted a lot of new managers and ladder hoppers.
As a public company, the board, the C-Suite, the immense layers of management all were incentivized to boost stock prices to boost their own compensation.
They did this ethically during the low interest rate environment. But with higher interest rates, the only way to maintain growth is via scummy nickel and diming.
So execs and all the management layers do nothing but enshittify the product so that the gravy train can continue for at least a few more quarters.
Thus, customers are left hanging with shitty products.
Imo, the solution is to never buy long-term subscriptions from public companies with listed stocks, if possible.
The projected growth of revenue is not likely to materialize with higher interest rates. Investors will not invest in the stock as compared to the risk free 5% from US treasuries. So the stock will likely not grow any longer. More likely to flatline or collapse.
This makes the paper billionaire CEO a mere hundred millionaire, which is unacceptable.