While I no doubt don’t understand the repercussions of such a market crash at the time and what it would happen in the current clement. I believe it if it did happen it would be a much needed “refresh” once the industry started back up again. Fixing many of the problems which currently plague the industry.
Less of a prediction and more of an observation, an obvious brittle industry is starting to emerge. We are getting more repeats then television these days, more antidote problems with development once again reported by mainstream sources, and more troubles with the general perception of the industry as a whole by “outsiders”.
Calling it quits and just letting it turn to shambles isn’t a bad idea in my mind as- once we have nothing we could then build once again with the ideas which worked- instead of just letting the ideas which didn’t work clog the pipes.
I think for this article it would be better if I explain what would be fixed in my mind and what would happen, that way if you know better you can smirk and laugh at it- and if you don’t- you can join my tin foil hat group.
One of the major problems I believe which we are facing is the social trend. It in my mind while for most people would say “its saved them”, for me I believe this will be one of the major reasons as the down fall of the industry. The output level faces many of the problems which the original crash was brought on by. A quick rich scheme with impeccable odds to succeed. The one major problem is that many of these are popping up as more clones then ever before, pushed out quicker then before and also- more dangerous as there’s one major problem with the whole social idea- while it can work as a get rich scheme, its “fad cycle” is quicker and more deadly then anything else.
Forgetting about the fads and diabolical schemes which the social field plays, we now look at the same thing which happens on the console side of things- but instead of been quick to pump out, its 10x slower, and 10x more expensive. Quick rich doesn’t exist here- and instead its “your lucky to make back your money”- at least with many of the major players in the fields.
Then you have your independents, which might be going great for one minute- but the next might be off the face of the planet with no explanation.
While I doubt a crash will remove all these problems- heck I expect they will still be there in the end. I believe it would instead of white washing the whole industry create a sort of atom bomb approach which just shakes it back to core principles, with the developers and publishers who survive the crash remaining to build it back up.
I expect many of the older IPs to just disappear, maybe with a few titles here and there- but they will no longer be successful- there will be new IPs in the field which have changed the ball game for the better- a relaxing bliss moment of gold.
In my mind- a crash is just a reset button, which lets a few slip by to rebuild- using new ideas to regauge interest and repopulate the ideals. The Video Game industry is one which seems so fragile compared to other entertainment industries which seem to be doing the same thing- but some how- it gets the most ass kicking- and it dam needs it. It’s like a family, books been the oldest brother, movies been the middle child- and video games been the young sibling which just wants to do what everyone else because its jealous it can’t do it yet.