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ylai@lemmy.ml to Gaming@lemmy.mlEnglish · 2 years ago

Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'

www.pcgamer.com

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Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'

www.pcgamer.com

ylai@lemmy.ml to Gaming@lemmy.mlEnglish · 2 years ago
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Spencer said publicly traded companies have to show constant growth or else nobody will give them money.
  • intensely_human@lemm.ee
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    2 years ago

    Oh yeah I’m sure the lack of a profit motive would just make games amazing 🙄

    • kudos@lemmy.ml
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      2 years ago

      Profit isn’t the issue, it’s having to continually show outsized profit growth rates to keep shareholders happy that’s the problem. Look at private companies like Valve for comparison.

      • intensely_human@lemm.ee
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        2 years ago

        Exactly

    • Jomega@lemmy.world
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      2 years ago

      Great art was never created for its own sake /s.

      • intensely_human@lemm.ee
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        2 years ago

        And people never spend money on things based on how good they are /s

        • Jomega@lemmy.world
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          2 years ago

          Things are often better when the people making them give a shit.

    • thesporkeffect@lemmy.world
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      2 years ago

      Do you exclusively play sports game [current year]?

      • intensely_human@lemm.ee
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        2 years ago

        Nope. Thank god there’s a free market and therefore I have options.

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