The only excuse for subscription model is when there is cloud storage/sync or server provided functions that are a core part of the software.
If I didn't rely heavily on the cloud storage and syncing part of Lightroom for editing photos seamlessly on desktop, mobile, and web, then I would already have dropped Adobe for Darktable and a pirated copy of Photoshop CS2 for when I need to print.
I think many comments have already nailed it.
I would add that while I hate the use of LLMs to completely generate artwork, I don't have a problem with AI enhanced editing tools. For example, AI powered noise reduction for high ISO photography is very useful. It's not creating the content. Just helping fix a problem. Same with AI enhanced retouching to an extent. If the tech can improve and simplify the process of removing an errant power line, dust spec, or pimple in a photograph, then it's great. These use cases help streamline otherwise tedious bullshit work that photographers usually don't want to do.
I also think it's great hearing about the tech is improving scientific endeavors. Helping to spot cancers etc. As long as it is done ethically, these are great uses for it.