But as of now games are still selling really wellI’d like to think it’s a result of consumers getting wise to the same bullshit tactics and products we’ve been continuously fed for the last decade, and voting with their wallets, but who the fuck am I kidding.
Is this just the people at the top cutting the fat so they will have more for themselves or is it fear of a shift in the industry?
They had a pretty big growth overall during the pandemic. And investors thought that this was somehow sustainable... until it wasn't (which anyone with common sense would've known). So now everyone tries to desperately save/make money in order to sustain that growth.Is this just the people at the top cutting the fat so they will have more for themselves or is it fear of a shift in the industry?
Less talent in the industry and greedy corporations that only care about money combined with a plethora of ignorant and nonchalant gamers who will accept practically anything the corporations spit out.
Are they though?My guess is AI replacing people or just the fear of the industry going the streaming route & not being able to recoup from large projects.
It's weird that all this is going on while games are selling at record rates .
My guess is AI replacing people
Not absurdly high - just back to normal. And inflation in the US is like 3.9%. This is just back to how things were before the reaction to 2008/9 distorted everything.A combination of many factors.
Interest rates are absurdly high making the cost of getting funding too much in a lot of cases. People are engaging with games less now that most people are working in person again instead of remotely and a sense of "normalcy" has returned.
On top of these things, you have services like Gamepass and PS+ Extra/Premium eroding game sales because why spend $70 on a game when you can subscribe to a giant library of them instead? Not to mention the market is saturated with games to play and consumers are spoiled for choice. Most people don't need to run to a retailer or digital store to purchase new titles when their subscription catalogs and backlogs are overflowing.
Unchecked inflation is changing how people spend. Prices are skyrocketing and wages are not. When people are spending entire paychecks just to put food on the table, gas in their cars, and keep the lights on, spending on wholly unnecessary things like gaming is the first thing to be stripped out of the budget.
There is no signs of sales declining but big companies cutting jobs to have bigger profits SMH.
I don't think ai actively caused any of this.My guess is AI replacing people or just the fear of the industry going the streaming route & not being able to recoup from large projects.
It's weird that all this is going on while games are selling at record rates .
It's AI.
Companies are cutting now in anticipating of AI productivity gains.
People talking about COVID and games not selling are too myopic in thier thinking. Games are selling and COVID has little to do with it.
Anybody that wants to talk about this topic in depth, PM. It is a topic I am fascinated about.
Oh noes. It's the regular thing companies do when they want some air. Reduce the workforce.It's AI.
Companies are cutting now in anticipating of AI productivity gains.
People talking about COVID and games not selling are too myopic in thier thinking. Games are selling and COVID has little to do with it.
Anybody that wants to talk about this topic in depth, PM. It is a topic I am fascinated about.
Responsible companies don't massively lay off employees until future productivity gains are guaranteed.
The kind of AI we've been seeing in the last few years hasn't existed for decades.Gaming companies have used AI for decades, they understand and can project the current and potential AI gains better than most industries.
Therefore they have a better understanding of needing to remove the excess capacity now.
MAKE WHAT MR. ONQ123!?!?!?Shouldn't they be busy trying to make
My phone froze before I could finish typing this but I don't remember actually hitting post I guess the phone did it on it's own when it stopped bugging out ( battery was low)MAKE WHAT MR. ONQ123!?!?!?
Because there was a huge jump from Covid and the industry expected it to continue. But it balanced back out.
There are some true covid bubbles like Pelaton. Its real. Gaming covid bubble is maybe used a bit to often as an excuse but its probably real too. Same with streaming.Hate this take. Every CEO and their mother knew that Covid was going to end. Nobody hired based off a perpetual doomsday scenario.