(https://www.marketwatch.com/story/goodbye-allbirds-hello-smartbird-bizarre-transformation-into-an-ai-company-is-now-official-7e522e8d?mod=mw_rss_topstories) — shedding sneaker assets to pivot into AI computing — is the clearest possible signal that management has given up on unit economics. This isn't innovation. This is capitulation dressed up as strategy.