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Ancalagon

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How is custom engineering the tooling from scratch for every task the best path forward? There will always be some engineered tools that are better than others even when re-made by the same models - not to mention the cost of starting from scratch every single time just seems wasteful with current token spend.

Does "don't re-invent the wheel" not apply to agents for some reason?

tbh the dev support/infra for the old devices was probably more than the money they were making in sales on those devices. They noticed and just decided to cut them off and that was the extent of that decision.

As far as I understand companies will take out loans against their own stocks in good times as they expect their stocks to generally go up and to make more money than the payments on the interest of those loans. If their stocks go down they need to make up the shortfall elsewhere. The loans are generally used to keep business operations running smoothly irrespective of actual business cashflow (for example some businesses make most of their profits at certain times of the year). I'm not saying this for sure applies to Elastic but I believe its a pretty common pattern across major businesses.