I think we’re highly unlikely to see a repeat of the 1983 gaming crash
What happened in 1983?
Definitely a shrinking audience for AAA games, but I don’t think it will be too bad gamers overall. Consoles will keep marching forward, as will Valve with the Steam Deck and Steam Machine.
I think the highest of the high end graphics stuff has long since hit diminishing returns. You can do a hell of a lot with yesterday’s hardware and less-than-bleeding-edge process nodes for newer hardware. Consoles have never used bleeding edge GPUs and they’ve always done fine with sales (across the whole market, if not always individually). I think we’re highly unlikely to see a repeat of the 1983 gaming crash.
ageedizzle@piefed.ca 6 days ago
chonglibloodsport@lemmy.world 6 days ago
Home video game sales peaked at $3.2 billion then fell to $100 million, a drop of nearly 97%. This collapse, largely blamed on Atari shoving out low quality games, lasted for 2 years until Nintendo released the NES in North America.
ageedizzle@piefed.ca 6 days ago
Wow 97% is a lot. Interesting info tho thanks
Sanctus@anarchist.nexus 6 days ago
It wiped out everything State side. Thats why Nintendo was able to come in to begin with. Really interesting if you like gaming history. Its pretty much why 90s kids love Mario and didnt grow up playing something else.
MolochHorridus@lemmy.ml 6 days ago
They do fine in sales because the consoles sold at loss and they make money on game sales.
Microsoft, Sony and Nintendo would love to stop producing consoles and start selling you monthly service via a thin client. They just need a ready to go platform for it to gain enough mass first.
chonglibloodsport@lemmy.world 6 days ago
Nintendo has never sold their consoles at a loss. They sell them at a small profit which then grows to a larger profit as the cost of making them decreases.