Fable Is Winding Down
Fable will cease operations on November 15, 2024, due to challenges from AI advancements. Users must export projects before shutdown, with support available until October 30, 2024.
Read original articleFable has announced it will wind down its services, with the platform set to cease operations on November 15, 2024. The decision comes after careful consideration, as the company reflects on its journey since its inception in 2019, aiming to make motion design more accessible. Despite achieving recognition as a powerful motion platform, Fable faced challenges in adapting to the rapidly evolving software landscape, particularly with the rise of AI technologies. Users are encouraged to export their projects before the shutdown, as all customer data and project files will be permanently deleted after the closure. Support will be available until October 30, 2024, to assist users with any questions or export needs. The Fable team expressed gratitude to its community, employees, and investors for their support throughout its journey, emphasizing a hopeful outlook for the future of creative platforms.
- Fable will end its services on November 15, 2024.
- Users should export their files before the shutdown, as all data will be deleted.
- Support will be available until October 30, 2024.
- The company cites challenges from AI advancements as a factor in its decision to wind down.
- Fable was created to make motion design more accessible but struggled to adapt to market changes.
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> We recommend you look through your Fable files and export your projects off the platform (e.g. to mp4, gif, lottie… etc).
I genuinely am at a loss for words here. Somebody sat down and decided that giving you your project sources in some form is too much work, just a GIF export will do.
(For those looking to save their data: go for Lottie, it’s a bit more versatile and you can preserve vector data at least.)
EDIT: the ideal way to go here would of course be open sourcing the whole thing!
“However, by the time we started to take Fable to market, AI was beginning to challenge the very nature of software itself, and our multi-modal bet with Prism wasn’t enough to cut through. And while we hold a strong pov on how the next generation of creative workflows should evolve, unfortunately, we don’t have the time to get there.”
Failed AI bet?
No it didn't. ChatGPT spitting out snippets of broken shit where you have to tell it exactly what you want and think through the entire architecture yourself is not a challenge to the nature of software. Especially older models that were even worse than the current 2024 ones.
Also, AI-generated code is still code. The underlying hardware still works the same.
* Please open source it! *
This is the best conclusion for everybody involved.
> You must be 18 years of age or older and reside in the United States or any of its territories to use the Services
In hindsight, excluding 95.3% of the world from using their product may have been a mistake.
Why wouldn't they use that to sell another round to bridge?
They focused on the wrong thing, spent too much money and decided to call it quits.
I mean, you're closing down cause you ran out of cash right? But apparently the app is beloved by customers... right?
Something about AI (which seems somewhat vague...)
Anyway, why not just be honest? We swung for the fences, didn't quite get there, the money is all gone, and no-one wants yo give us more...
Frankly as post mortems go, this one is pretty weak.
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