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The Tremendous Yet Troubled State of Gaming in 2024 — MatthewBall.co

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Preface (Added 28 February): The purpose of this essay is to explain the growing crisis faced by the video gaming industry. And crisis is a fair characterization. In 2022, the industry had a then-record of 8,500 layoffs. 2023 beat that record by nearly 25%. And during the first two months of 2024, there have already been some 8,000 job losses. Alongside (and partly behind) these layoffs are scores of games that underperformed or flopped altogether — and many more in-development titles that have been canceled outright. Few expect these layoffs or game shutdowns to stop, though they may slow. At the same time, the video gaming industry continues to achieve new cultural highs, while many of its most popular titles, profitable publishers, and powerful ecosystem continue to grow. This leads to the second purpose of this essay: explaining the apparent contradiction between the industry’s successes and its struggles. Crises have many causes (and so this essay is also quite long, too): The end

The Tremendous Yet Troubled State of Gaming in 2024 Video Gaming Jan 23 Written By Matthew Ball © Nintendo, made by Peardian Preface (Added 28 February): The purpose of this essay is to explain the growing crisis faced by the video gaming industry. And crisis is a fair characterization. In 2022, the industry had a then-record of 8,500 layoffs. 2023 beat that record by nearly 25%. And during the first two months of 2024, there have already been some 8,000 job losses. Alongside (and partly behind) these layoffs are scores of games that underperformed or flopped altogether — and many more in-deve

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