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I've read a few postmortems about STM. I have to take them with a grain of salt because I usually read those reports right after doing a bunch of STM programming, and right before doing a bunch more STM programming. Reports of its death have been greatly exaggerated.

Here it is in 2006 featuring the same Tim from your article: https://www.youtube.com/watch?v=tve57vilywc

I didn't start using it in anger till 2013-2014 maybe? But I don't recall any major differences between what the video shows and how it works in 2025.

Anyway, postmortems usually boil down to two issues:

1) That's not how programmers usually do it

2) We couldn't pull it off

The most obvious explanation for 1 is 2. I, too, would be disappointed by the low-adoption rates of my new technology if I hadn't built it or released it to users.

But the article has some gems:

  Transactions unfortunately do not address one other issue, which turns out to be the most fundamental of all: sharing. Indeed, TM is insufficient – indeed, even dangerous – on its own because it makes it very easy to share data and access it from multiple threads;

I cannot read this charitably. This is the only reason for, not a damning reason against. It's like doing research & development on condoms, and then realising it's a hopeless failure because they might be used for dangerous activities like sex.

  I already mentioned a great virtue of transactions is their ability to nest. But I neglected to say how this works. And in fact when we began, we only recognized one form of nesting. You’re in one atomic block and then enter into another one. What happens if that inner transaction commits or rolls back, before the fate of the outer transaction is known

You nest transactional statements, not the calls to atomic. The happy-path for an atomic is that it will commit; it should be obvious a priori that something that commits cannot be in the codepath that can be rolled back.

  Then that same intern’s casual statement pointing out an Earth-shattering flaw that would threaten the kind of TM we (and most of the industry at the time) were building. ...
  An update in-place system will allow that transaction to freely change the state of x. Of course, it will roll back here, because isItOwned changed to true. But by then it is too late: the other thread using x outside of a transaction will see constantly changing state – torn reads even – and who knows what will happen from there. A known flaw in any weakly atomic, update in-place TM.

  If this example appears contrived, it’s not. It shows up in many circumstances.

I agree that it's not contrived. It's in the problem-space of application writers. It's not a problem caused by introducing STM. We want an STM system to allow safe access to isItOwned & x, because it's a PITA to try to do this with locks.