This seems like a smart move. I know some will be frustrated with losing a free tier. But ultimately businesses need to make money and charging for it is part of that.
This is a mentality shift from the investor side. You would be shot down if you said we're focusing on profits/revenue rather than growth from 2010 to 2021. Now it's shifted from growth to profitability.
A bunch of companies were burning money rather than making it for a decade.