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this post was submitted on 26 Apr 2024
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Unpopular Opinion
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The TV industry is a great parallel example. Like it or not, TV also needs the large money investors to keep the entire thing afloat. Sure, if the proliferation of ludicrously high streaming service prices continues and causes a contraction in that industry, a lot of actors and writers and production crew could try and get together to make YouTube content, but it would be a similar splitting of everyone into little channels, where none of them actually have enough revenue to really sustain true TV-style production.
I think the "nature abhors a vacuum" principle could work beneficially, in terms of another reset, after a crash. But if we had to restart the console market from scratch, that would be much more difficult now than it was back in the 80s.