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Hi,
I'm curious why Adobe stopped developing this technology and decided to shut it down in 2020?
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Short Answer: Flash Player is NOT MOBILE (although people found ways to make it mobile). HTML5,
WebGL, and Adobe AIR are mobile.
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Flash player is an unnecessary burden on the user. And it didn't evolve as it was supposed to.
That is what I think was the final nail in the coffin.
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My answer is that Facebook, Google and Apple wanted full control of the web and financially encouraged Adobe to make it happen.