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Windows 12 May Require a Subscription
(www.pcmag.com)
This is a most excellent place for technology news and articles.
My guess is that MS will figure out a different approach. Maybe the enterprise versions are behind a subscription while the consumer version stays the way it currently is. They could also take the Apple approach. Offer a little bit of something for free (like iCloud) and charge if you want more of it. There could also be specific features that are not available if you don’t pay (like Apple Music). MS could offer a certain part of consumer windows for free, and charge for some other part, like advanced settings.
Corporate are already in subscription mode, pretty much all companies have some sort of per user subscription with MS. E3/E5/F3 etc licenses include windows+m365+office+defender etc.