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... to the evergreen-ness of the gaming industry…

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  • If you ever wish to find an evergreen legit industry, look for education and video games. If any of two could even resist the down circle of economy, then video game it is. Gaming is 1 of very few industries that still grows at double digits in 2018 (advistering dropped to 6.9% due to the slow pace in

    If you ever wish to find an evergreen legit industry, look for education and video games. If any of two could even resist the down circle of economy, then video game it is. Gaming is 1 of very few industries that still grows at double digits in 2018 (advistering dropped to 6.9% due to the slow pace in major social media platforms). However, growth doesn’t tell an accurate story, at least not a full one - just like the extremely unbalanced & twisted wealth distribution in today’s world, video games reflects the same ‘red alert’ - 1% of the gaming companies is taking more than 90% of the industry revenue and leaving 99% of the rest barely to survive.

    On one hand, we see the increasing value of content creation (or in PR presses) and the accumulating growth of online & offline traffics; however on the other, distributing content becomes more like financing busses, a big money winner-takes-all game, less imaginative, but more mechanical & dull calculations.

    Game studios are commonly founded by people who are more like artists with creativity yet less like business men. Our Asian parents often warn us “pursuing one’s dream is a safe path to homeless.” Sadly they might be right. Gaming as the combination of art and science starts to show the coherent big-money-game trend.

    So yes, the video gaming is absolutely growing fast and evergreen, but no, content makers are struggling more than ever. Is this end of an era of dreams? I am not sure. It’s certainly a cold truth of the staggering next-big technology innovation and the next-generation economic growth. Is cloud, AI, IoT, VR/AR, blockchain or quantum computers the next-big wave? Let’s wait and see. After all, video gam is only a small piece to a much bigger puzzle that we face today in a turbulent time.