Apart from the niggling ongoing fees, the problem with CLOUD computing of ANY kind (not just Adobe, but let’s include Facebook as an example) is that YOU, the USER, lose control of your environment.
For example, FB routinely “updates” its user experience. YOU, the USER have no say whether you want to take the update, or stick with what workds for you.
Again, Cloud services can go “down”, whether for maintenance or system failure: not much help if YOU, the USER, is on a tight deadline and need cloud access to locate your work or re-authorise your software.
Then, as in the case of Adobe recently, a cloud service might suffer a successful hacking attempt, severely compromising YOUR, the USER’S security, IP and possibly financial details.
The WHOLE reason I (the USER) want the DESKTOP model is that I (…) can control my versions, I (…) can make sure I am secure.
Sorry, but CLOUD means that you CAN’T SEE WHERE YOU ARE GOING and HAVE NO CONTROL. Give me BLUE SKY ANY TIME: my DESKTOP.

Started out doing photography at the age of 6 using an uncle's old 1940 kodak brownie box camera. At 15 years of age, I decided to buy my very own 1975 Praktica SLR camera. I now shoot with a Nikon D850. I do unpaid TFP and commercial paid work.