this post was submitted on 01 May 2025
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Just to lob a controversial thought in there: There may be some challenges the game industry faces that aren't solely "capitalism bad". The most compelling one I've heard is that, as games as a medium they have to increasingly compete with a growing back catalogue of classics.
Between that and the rise of indie games, it gets increasingly risky to invest in large projects.
(To try and preempt some comments: I am not saying that investors are "right" to pull out of the games industry. I just want people to consider whether the problem, and hence the solution, is more complicated than they first thought)
I don't entirely disagree with you but, does every medium not have to compete with a growing backlog of classics?
To be fair, for most of those other mediums don't need as much time to consume. An old song takes a few minutes to listen to and a movie can be watched in a couple hours, but I have played thousands of hours of Minecraft (and will continue playing it for the foreseeable future).
Most will listen to songs a great many times, and movies get rewatched too, books reread. I get where you're coming from though.