Not into computer games but I do love them as they were the driving force behind cheap and good computer graphics. There may have been a total of 30,000 graphic artists worldwide clamering for decent displays and these were out there for $4K (in 1980 dollars). Throw in 300,000,000 computer gamers looking for the same thing and the price came down rapidly. Adam Smith's . invisible hand of the market writ large for everyone to see. Capitalism at work.
Fast-forward to today with "work at home" entering the social lexicon - from Forbes:
Video Games Are Being Played At Record Levels As The Coronavirus Keeps People Indoors
With school closures, mandatory work-from-home policies and lockdowns taking place in the U.S. as a result of the Covid-19 coronavirus pandemic, gaming has seen higher engagement, especially over this past weekend.
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- Steam, the most popular digital PC gaming marketplace, reached new heights Sunday, drawing a record 20,313,451 concurrent users to the 16-year-old service, according to third-party database SteamDB.
- Counter-Strike: Global Offensive, released by Steam-owner Valve in 2012, seems to be the top beneficiary of the increased engagement, breaking it's all-time peak on Sunday with 1,023,2290 concurrent players, topping its previous peak last month by a million, which itself beat the record set in April 2016.
- Like other esports, CS:GO has had to cancel events due to the virus, particularly the Intel Extreme Masters in Katowice earlier this month, though its peak viewership reached over a million, making it one of the most watched tournaments in the esports' history.
- Activision Blizzard's new free-to-play battle royale spinoff Call of Duty: Warzone, launched March 10 on PC, Xbox One and PlayStation 4, is also likely benefiting, drawing in a staggering 15 million in three days, besting the record 10 million in three days by last year's battle royale sensation Apex Legends.
- These new heights follows similar effects of the virus on China and Italy: Telecom Italia's CEO told Bloomberg it saw a 70% increase in traffic over its landline network, with Fortnite playing a significant part, while Chinese live-streaming service Douyu experienced increased viewership of the country's most popular games, according to market analyst Niko Partners.
- While gaming was considered "recession proof" during the 2008 market crash, stocks aren't immune to the current historic drops: software developers like Activision Blizzard are facing a 9% decrease in price year-to-date, while hardware companies that rely on Chinese manufacturing like Nintendo are seeing bigger drops of 24%.
What To Watch For: If these records keep rising as the closings and lockdowns continue. Arriving this week is Nintendo's long-awaited Animal Crossing: New Horizons for the Switch console, a relaxing "life-simulator" that's set to have a big day with many fans not-so-jokingly asking Nintendo to launch early.
Work at home... Yeah... Right... At least I am honest about sitting here surfing, gazing out at the ocean and the mountains and listening to old liturgical music.
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