And the Video Game Struggler for 2024 Is… Video Games
January 24, 2025
Yep, 2024 sas the worst year for videogames since 1983.
Videogames are still a young medium, but they’re over fifty years old. The gaming industry has seen ups and downs with the first (and still legendary) being the 1983 crash. Arcade games were all the rage back then, but these days consoles and computers have the action. At least, they should.
Wired writes that “2024 Was The Year The Bottom Fell Out Of The Games Industry” due to multiple reasons. There was massive layoffs in 2023 with over 10,000 game developers losing their jobs. Some of this was attributed to AI slowly replacing developers. The gaming industry’s job loss in 2024 was forty percent higher than the prior year. Yikes!
DEI (diversity, equity, and inclusion) combined with woke mantra was also blamed for the failue of many games, including Suicide Squad: Kill the Justice League. The phrase “go woke, go broke” echoed throughout the industry as it is in Hollywood, Silicon Valley, and other fields. I noted:
“According to Matthew Ball, an adviser and producer in the games and TV space…says that the blame for all of this can’t be pinned to a single thing, like capitalism, mismanagement, Covid-19, or even interest rates. It also involves development costs, how studios are staffed, consumers’ spending habits, and game pricing. “This storm is so brutal,” he says, ‘because it is all of these things at once, and none have really alleviated since the layoffs began.’”
Many indie studios were shuttered and large tech leaders such as Microsoft and Sony shut down parts of their gaming division. Also a chain of events influenced by the hatred of DEI and its associated mindsets that is being called a second GamerGate.
The gaming industry will continue through the beginnings of 2025 with business as usual. The industry will bounce back, but it will be different than the past.
Whitney Grace, January 24, 2025
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