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halJordantoday at 3:44 AM0 repliesview on HN

That's not necessarily true, that they have to out innovate Adobe. There's an old aphorism that you can always displace an incumbent with a product if it's 80% as good, at 20% the cost of the incumbent product (ibm/ms, cable/netflix, etc). As adobe increases the price, that 20% gets easier to hit. I suspect (well hope) that we'll see this happen to a bunch of incumbents.