Life After the Videogame Crash

Clark Hall writes "Is it 1983 all over again? E3 is over and millions of gamers are realizing they can't afford a PS3, or an HDTV. Is it time for a steep and painful correction in the gaming market? Pointlesswasteoftime has been tracking what is looking like a Hindenburg voyage for console gaming, with HDTV playing the role of Hydrogen." From the article: "There's going to be a lot of money lost the next few years, a lot of articles written, a lot of panic, a lot of changes. And when gaming comes back, it will hopefully be different and innovative and based on something other than eye candy and the shock value of blood and guts and hookers. Hopefully it will allow for creativity from the players, and room for small, independent game makers to create content. Hopefully it will be something every working person can afford. "

Comments

It's all about wage compression

[Monkelectric]

These companies that want us to buy expensive TV's, movies, and the like are the *SAME* companies outsourcing anything that looks like a decent job to "low cost regions". Which means their customers (US workers) can hardly afford these things, which means the companies will now have to cut costs more agressively (more outsourcing).

The circle is now complete