When I used to make a lot of stuff,  people liked it,  people bought it,  and there was an incentive to make more stuff.

Lately,  whether I  make stuff or not,  there are less customers buying,   and there is only a tiny fraction of sales compared to years past.  Again, Less incentive to make stuff.

There was a time,  when having a healthy deep catalogue of older products was going to keep a healthy trickle to balance everything out. That's gone too.  we get half of that 90-95% off,  its literally pennies per sale. Customers win,  by getting quality products.  Daz usually gets a new release sale as an incentive to trigger the extreme discount,  so they dont lose.   PAs though,  they absolutely lose.

There is no incentive to make stuff anymore.  So who looses?  If you do the math,  it is fairly obvious.

As GeorgeWeber says,  most of us already have a lifetimes worth of content in our libraries that we can put to good use for a long while.  So we might as well start rendering something.  There is still some joy in that. 

As for  those unethical criminal pirates that blatter nonsensical justification for their bad behaviour,  there are no words,  it would fall on deaf ears anyway.