As subscription services rise, are we heading for the end of ownership?

Could subscription services spell the end of ownership for consumers? — AFP Relaxnews

Subscription services are gaining ground in a major way in all kinds of domains. In nine years, subscription business revenue has grown 437%, and 78% of adults are currently signed up to such services.

So is it a veritable economic model or a just a passing trend? Subscription services raise many questions, including whether they could bring about the end of ownership.