Video games spending by young Americans is dropping sharply, report suggests
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The hobby is getting more expensive while income left over after cost of living is going down. This shouldn't be a surprise to anyone.
They're charging more money for lower quality games. Glad less people are buying.
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The BLS jobs estimate report is utterly garbage data.
Go look back over the last year or two.
Look at how many times, and how many jobs they revised down from the report 1 or 2 months prior.
All the idiots that watch Jim Cramer for financial advice are the same idiots that never bother to follow up on the BLS revisions.
Also, the BLS jobs estimate is an estimate that goes through a whole bunch of layers of dependency on other statistics like estimated populations growth.
Meanwhile the ADP is much more directly based on actual payrolls, from actual money going out to actual employees.
You should maybe learn how to actually compare the methodologies behind various sources of data before you accuse someone of cherry picking.
...
Also the unemployment rates that are widely reported on don't count people who've been unemployed so long that they fall out of the labor force.
In our modern economy, if you fall off the treadmill, you stay unemployed for that long, you'll likely never get hired in that field again, or at least not without having to start out at an entry level or junior position, because of how absurd companies are with job requirements, how every job opening has 1000 applicants in 72 hrs, how something like 2/3rds of those job openings are fake and will never hire anyone.
What are you talking about? They're both estimates extrapolated from samples. I think most statisticians would prefer stratified sampling over one company's payrolls processing, but whatever. Maybe chuds would argue that ADP is so much more efficient/accurate because it's outside of the "swamp" of govt, it's certainly an independent data point. I mean I agree with you in that BLS is not reliable either. Real time economics is hard.
If you honestly preferred ADP all along and will continue to espouse it's superiority when it next contradicts your view rather than confirming it (as it will because data are noisy) then more power to you.
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Older games are better plus gamers can play all our existing games.
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Tbf, games were $60 for 30+ years...
GameCube games were $50 or $20 for player's choice titles
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What are you talking about? They're both estimates extrapolated from samples. I think most statisticians would prefer stratified sampling over one company's payrolls processing, but whatever. Maybe chuds would argue that ADP is so much more efficient/accurate because it's outside of the "swamp" of govt, it's certainly an independent data point. I mean I agree with you in that BLS is not reliable either. Real time economics is hard.
If you honestly preferred ADP all along and will continue to espouse it's superiority when it next contradicts your view rather than confirming it (as it will because data are noisy) then more power to you.
wrote last edited by [email protected]Well now you've met a statistician, a person with an Econ degree, specialization in Econometrics who is telling you the BLS numbers have been garbage for 2 years, based off of how many revisions they have to keep doing, and the magnitude of those adjustments.
I've been a professional data analyst at multiple large companies for years, I'm not going to explain this further unless you want to pay me for the full 40 page methodology breakdown.
Real time economics is not hard for me, it was my career until I retired.
Damn near every single measurable metric in the US economy beyond what's in the most easy to consume, most non specialist oriented media is screaming that everything is going tits up.
Hey when was the last time the Fed had to significantly jump into the Repo market to bail it out?
Oh, right, it was this past week.
I'm not going to bother to list out every single indicator/methodology I consider because 1) I'd break the lemmy comment post character limit (its 10k, btw) and 2) I'm used to being paid for such detail.
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Well now you've met a statistician, a person with an Econ degree, specialization in Econometrics who is telling you the BLS numbers have been garbage for 2 years, based off of how many revisions they have to keep doing, and the magnitude of those adjustments.
I've been a professional data analyst at multiple large companies for years, I'm not going to explain this further unless you want to pay me for the full 40 page methodology breakdown.
Real time economics is not hard for me, it was my career until I retired.
Damn near every single measurable metric in the US economy beyond what's in the most easy to consume, most non specialist oriented media is screaming that everything is going tits up.
Hey when was the last time the Fed had to significantly jump into the Repo market to bail it out?
Oh, right, it was this past week.
I'm not going to bother to list out every single indicator/methodology I consider because 1) I'd break the lemmy comment post character limit (its 10k, btw) and 2) I'm used to being paid for such detail.
Ah an economist, say no more fam.
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Maybe they can ask their AI to inspect the size of everyone's nose? Maybe that's the trick to get us to buy more AI chips in our games and TVs and phones and cars and in our fruit probably. There's gotta be AI in our food somewhere.
We are ripe for another Luddite movement with this giant AI grift the Tech Bros are forcing on us.
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Older games are better plus gamers can play all our existing games.
wrote last edited by [email protected]This is why publisher's are trying to derail "Stop Killing Games."
When they are done with a a game the don't WANT you to continue to play and enjoy it....
...they want you to forget about it and buy the next product they have and financially engage with the microtransaction ecosystem
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We can't justify the price. The end. That's it.
I was super interested in the Dune game, then they decided to not participate in the stream sale. Okay. Too bad. Life goes on. Get fucked, greedy devs.
I will say though, if you're the kind of guy who likes MMOs and RPGs (like me) you'll love dune.
I used to play a ton of RuneScape back in the day, and recently I've been playing Eve and Star Citizen but dune is just a better game in every possible way than those three. I've been so obsessed that I had to uninstall it this week so I could get to sleep on time for work haha
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Yes, I am using Arch btw
Sorry but I couldn't resist the opportunity
Nice! I am too, I'll have to check out the modpack loader thingy that sounds fantastic!
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Funny how that happens when people don't have any money.
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Depression has me not so interested in playing games anymore. Reading instead. Gaming is losing its magic for me. I’m 36.
It's fun how when you could really most use a reliable distraction you start to not be able to find joy in things you used to.
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Can't afford a home, holiday and now videogames.
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I'm not young or American, but I can tell gaming has been changing. I can't even remember what was the last "AAA" game I bought, because it must have been a couple of years ago.
Most games I buy are 40€ connoisseur titles or 20€ indie games. I don't hear about any "must-play" AAA titles through the grapewine these days. I do hear about interesting indie stuff all the time, though. Most of the 60€+ games I hear about are kind of niche stuff.
Any AAA game I got in the last decade I waited till it was dirt cheap. Red Dead 2 was the last one I bought and played through was maybe 15-20 bucks or something?
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It's a two part answer.
One, gamers have less money to spend, along with everyone else.
Two, expensive AAA title games these days tend to be shit, from a graphics, code, community, and content standpoint. If you want good games, cheaper is usually better.
Last AAA title game I bought was Borderlands 3, and I don't see myself buying anymore in the next two years or so.
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Funny how that happens when people don't have any money.
And when so much of gaming is shit.
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We can't justify the price. The end. That's it.
I was super interested in the Dune game, then they decided to not participate in the stream sale. Okay. Too bad. Life goes on. Get fucked, greedy devs.
Eh. I know what all PvP centric games turn into unless you're willing to devote a fuckton of hours into it and get into a great guild. I'll pass.
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In addition to other's comments, I think that we just have enough good games by now that a lot of people can find a game they enjoy enough to sink hundreds or thousands of hours into. Minecraft, Factorio, Satisfactory, Hollow Knight, Elden Ring, etc.
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Nice! I am too, I'll have to check out the modpack loader thingy that sounds fantastic!
It is here: https://modding-openmw.gitlab.io/umo/
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I still play multiplayer, but on games that still support community servers like Minecraft, Enshrouded, Arma 3, Space Engineers..
How has Enshrouded been doing? I haven't been able to get on my PC in almost a year and only got to play it on initial release.
