Thing is, they have been doing this for over a decade. Publicly traded companies can’t compete long-term, if there’s a well funded provate competitor
Of course they can, they can use the same aim. Problem is it’s more profitable to grind a company down, let it bankrupt and do the same to the next company. Hence enshittification arrived, venture capital has a full playbook for dismantling companies from the inside.
There’s still a few old bastions wanting stability, Coca Cola Group is the most obvious example of this
its not actually more profitable though. its only more profitable today, at the expense of future profits. this is more a problem caused by personal gain being directly linked to short term corporate gain. its only rational behavior from the perspective of the individual executives benefitting from the crazy compensation packages for laying everyone off and enshittifying the product. literally everyone else loses unless they get lucky and bail at just the right moment.
Publicly traded companies can’t compete long-term, if there’s a well funded private competitor
That’s why these companies love the idea of purchasing half the industry or using their resources to operate at a loss and squeeze out private competitors.
The gaming industry is fine. The “wall street gaming industry” is not.
It’s about time these corporate feral hogs start to feel the pain of the free market but they deserve much worse, bankruptcy. Xbox still exists, no leaders were laid off, their parent company still supports genocide, and this is all a problem.
Do you really want your games to pay for 8-10 figures a year for a hollow executive team’s risk free compensation? One where they have 0 liability, $0 of their own money on the line, literally not even gamers, to be the last word on what games make it into our hands and how they wring our wallets dry?
Treating your customers decently can lead to profits in the long run. What an insight. They should teach that at business schools.
Valve has fundamentally different goals from Microsoft and Sony
Microsoft and Sony want to increase profit a couple percentage for the next quarter
Valve wants to be profitable 10, 20, 30 years into the future
Thing is, they have been doing this for over a decade. Publicly traded companies can’t compete long-term, if there’s a well funded provate competitor
Of course they can, they can use the same aim. Problem is it’s more profitable to grind a company down, let it bankrupt and do the same to the next company. Hence enshittification arrived, venture capital has a full playbook for dismantling companies from the inside.
There’s still a few old bastions wanting stability, Coca Cola Group is the most obvious example of this
its not actually more profitable though. its only more profitable today, at the expense of future profits. this is more a problem caused by personal gain being directly linked to short term corporate gain. its only rational behavior from the perspective of the individual executives benefitting from the crazy compensation packages for laying everyone off and enshittifying the product. literally everyone else loses unless they get lucky and bail at just the right moment.
That’s why these companies love the idea of purchasing half the industry or using their resources to operate at a loss and squeeze out private competitors.
If they can’t compete, they can consolidate.
The gaming industry is fine. The “wall street gaming industry” is not.
It’s about time these corporate feral hogs start to feel the pain of the free market but they deserve much worse, bankruptcy. Xbox still exists, no leaders were laid off, their parent company still supports genocide, and this is all a problem.
Do you really want your games to pay for 8-10 figures a year for a hollow executive team’s risk free compensation? One where they have 0 liability, $0 of their own money on the line, literally not even gamers, to be the last word on what games make it into our hands and how they wring our wallets dry?
Best I can do is create shareholder value by making our product shittier and more expensive. Take it or leave it kid
maybe someone should tell them we’re leaving it. it doesnt seem like theyre noticing.
But I need a return on my investment now! Short term profits! Short term profits! SHORT TERM PROFITS!
Online subscription is a joke at this point
Who would have thought that eh?