It’s not that we’re not making profit, it’s that we’re not making ENOUGH profit.
I’d recommend watching this
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pure corporate greed.
i think its the stock market. it creates this false reality where things need to keep climbing.
if you have a company where everyone gets paid, and the customer is very satisfied and you have no profit you are somehow a complete failure. because we all just cant be.
the stock market is humanities downfall… human greed distilled, authorized and removed from all responsibility.
Funny how all the retarded NPCs cry about greed, over the fact that they think every random idiot is entitled to a paycheck for all of eternity regardless of whether or not anyone actually wants to employ them.
all the r—- NPC’s
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Who straight faced says NPC’s?
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It isn’t 1999 don’t use that word.
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They do this every year and nobody cares.
Not at this rate and not nearly as many studios close per year.
…because capitalism.
Greed.
This is the best summary I could come up with:
The Legend of Zelda: Tears of the Kingdom, Baldur’s Gate 3, Alan Wake 2, Marvel’s Spider-Man 2 … barely a week passed without some blockbuster hit or independent gem.
Epic Games, the creator of Fortnite, one of the most successful titles of the decade, laid off 830 employees; Electronic Arts shed 6% of its workforce, amounting to approximately 780 jobs.
The effect was twofold: strong sales for titles such as Animal Crossing and Call of Duty: Modern Warfare boosted revenue and sent share prices soaring, thereby attracting the attention of external investors who flooded the industry with funds.
For publishers looking to cut development costs, expanding the use of AI in production (already a limited element in the process) may be a tempting prospect, especially in areas such as quality assurance and performance capture.
In January, the Sag-Aftra union was criticised for reaching an agreement with an AI company that would allow it to create digital likenesses of actors’ voices, prompting furious responses on social media.
Starfield and Mortal Kombat actor Sunil Malhotra wrote on X: “I sacrificed to strike half of last yr to keep my profession alive, not shop around my AI replica.”
The original article contains 1,217 words, the summary contains 195 words. Saved 84%. I’m a bot and I’m open source!
Mergers.
I had a shower thought this morning:
At a certain point in capitalism, a wealthy person can get enough money to live comfortably the rest of your life. If you decide to continue to grow your wealth from there, you’re essentially not just making money for yourself, but so others can’t have it.
I have a feeling that number is well below a billion, but I’m no economist.
If you decide to continue to grow your wealth from there, you’re essentially not just making money for yourself, but so others can’t have it.
This is a zero-sum fallacy. The size of the economy isn’t fixed. It continues to grow each year. The hyper productive people you’re referring to are disproportionately responsible for that growth, and they are disproportionately the recipients of that growth. My father was one of those people. Working 18 hours every day for 30 years. It led to a divorce and our family falling apart, but fuck did he generate a lot of economic value for the world, his company, and himself. He didn’t steal it from you. He created it.
While true, the growth of the economy has been wildly outpaced by the rate of hoarding at the top. After all that extra work, how much better off was your dad after everyone above him benefitted?
I agree that the distribution should be adjusted.
I’m sorry your dad cared more about money than family, that must have been really hard on all of you.
Thanks man, it did suck :( We still have a strained relationship many years later.
Why is it that in my own experience Atlus and Nintendo are the only two companies that provide fun games that run with little to no issues and meanwhile every single other triple A company doesn’t anymore? Look at both of them, Persona 3 Reload, Mario Wonder hell even indie games like Palworld are more fun to play. Wtf is wrong with the gaming industry nowadays?
Nintendo isn’t really pushing the envelope on, well, anything and they are basically the Disney or Apple of video games with hordes fans who can see them doing no wrong.
Because it’s about greed, not culture. And anything having to do with culture has itself been traditionally appropriated by greed anyway.
Because they would like to be the $360bn games industry.
Maybe they overhired when we had “cheap” money in 2021.
Industry figures indicate employment in IT is still above pre-covid levels. Companies over-hired and are normalising. We’re not seeing this labour activity in most other sectors. There’s no reason to panic.
That’s one way to look at it, if you’re looking to downplay the human impact. The way I look at is these companies had a short sighted hiring spree and now thousands of people are without income and can’t just get a new job as the industry is laying off everywhere. That seems like a reasonable source of panic for the people with no income and not a lot of prospects.
