I suppose they were in a tough spot regardless though. They started developing it before the AI age, so they would have to pivot either way.
And fleet was made to attract the VSCode generation, who they were starting to lose new user momentum to. But VSCode is no longer the biggest threat.
Okay, but what stops any of that for happening for any of the new things since then? To me, a large part of the appeal of Fleet was that it wasn't the entire IDE; adding a new skin to something that feels much too heavyweight for me does not resolve the fundamental problems I had with it.
I actually think they could do something more radical than Fleet today after seeing the (alpha, but impressive in use) ArtCraft apps, and translations like Bun. They could embrace still being the best traditional IDE, translating their trademark intelligence, with a lot of the heaviness removed. The thing that struck me about the ArtCraft apps was how fast and light their interfaces felt compared to the originals.