2min snip

Decoder with Nilay Patel cover image

Why the video game industry is such a mess

Decoder with Nilay Patel

NOTE

Analysis of pandemic economy's impact on behaviors and spending habits

The pandemic economy led to increased time spent indoors engaging with activities such as video games and video conferencing, but the assumption that these behaviors would permanently replace outdoor activities has proven to be illusory. While some new behaviors such as gaming have been retained, the return to outdoor experiences like travel and dining out is evident as people seek to make up for lost opportunities. However, financial constraints post-pandemic are forcing individuals to choose between spending on video games and outdoor experiences. Industries made the mistake of overestimating the permanence of pandemic-induced changes in behaviors and subsequently rushed to hire talent fearing it would be lost forever.

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