Hard to believe it’s been 24 years since Y2K (2000) And it feels like we’ve come such a long way, but this decade started off very poorly with one of the worst pandemics the modern world has ever seen, and technology in general is looking very bleak in several ways
I’m a PC gamer, and it looks like things are stagnating massively in our space. So many gaming companies are incapable of putting out a successful AAA title because people are either too poor, don’t want to play a live service AAA disaster like every single one that has been released lately, Call of Duty, battlefield, anything electronic arts or Ubisoft puts out is almost entirely a failure or undersales. So many gaming studios have been shuttered and are being shuttered, Microsoft is basically one member of an oligopoly with Sony and a couple other companies.
Hardware is stagnating. Nvidia is putting on the brakes for developing their next line of GPUs, we’re not going to see huge gains in performance anymore because AMD isn’t caught up yet and they have no reason to innovate. So they are just going to sell their next line of cards for $1,500 a pop for the top ones, with 10% increase in performance rather than 50 or 60% like we really need. We still don’t have the capability to play games in full native 4K 144 Hertz. That’s at least a decade away
Virtual reality is on the verge of collapse because meta is basically the only real player in that space, they have a monopoly with them and valve index, pico from China is on the verge of developing something incredible as well, and Apple just revealed a mixed reality headset but the price is so extraordinary that barely anyone has it so use isn’t very widespread. We’re again a decade away from seeing anything really substantial in terms of performance
Artificial intelligence is really, really fucking things up in general and the discussions about AI look almost as bad as the news about the latest election in the USA. It’s so clowny and ridiculous and over-the-top hearing any news about AI. The latest news is that open AI is going to go from a non-profit to a for-profit company after they promised they were operating for the good of humanity and broke countless laws stealing copyrighted information, supposedly for the public good, but now they’re just going to snap their fingers and morph into a for-profit company. So they can just basically steal anything they want that’s copyrighted, but claim it’s for the public good, and then randomly swap to a for-profit model. Doesn’t make any sense and just looks like they’re going to be a vessel for widespread economic poverty…
It just seems like there’s a lot of bubbles that are about to burst all at the same time, like I don’t see how things are going to possibly get better for a while now?
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I’m a PC gamer, and it looks like things are stagnating massively in our space.
I would like to introduce you to the indie game scene. Where AAA is faltering, indie has never been in a better place.
Overall, I don’t see things the way you see them. I recommend taking a break from social media, go for a walk, play games you like, and fuck the trajectory of tech companies.
Live your life, and take a break from the doomsaying.
I would like to introduce you to the indie game scene. Where AAA is faltering, indie has never been in a better place.
Amen.
Indie games might not be flashy, but they’re often made with love and concern about giving you a fun experience. They also lack all those abusive DRM and intrusive anti-cheat systems that A³ games often have.
They also tend to have linux support. Where the AAA companies want to eat the entire mammoth and scorn the scraps, small companies can thrive off of small prey and the offal. :)
Equating Linux enthusiasts to offal is a bold move on this site
It’s a great analogy though - Linux users aren’t deemed profitable by the A³ companies, just like offal is unjustly* deemed yucky by your typical person.
*I do love offal though. And writing this comment made me crave for chicken livers with garlic and rosemary over sourdough bread. Damn.
Idk, I’ve spent way more on games since Valve came to Linux. I was a Linux user first, and mostly played games on console because I didn’t like rebooting into Windows or fiddling w/ WINE, so if I played games, it’s because it had Linux support (got a ton through Humble Bundle when they were small and scrappy). When Steam came to Linux, I created an account (didn’t have one before) and bought a bunch of games. I bought Rocket League when the Steam Controller and Steam Deck launched (was part of a bundle), and when Proton launched, I bought a ton of Windows games.
So at least for me, I’ve easily spent 100x what I would’ve spent on video games due to Steam supporting Linux. That said, there are easily 50 other people spending more than me on Windows for every one of me, so I get that Linux isn’t a huge target market. But I will spend more on an indie game if it has native Linux support.
And I’ll add on to that, even if every GPU company stops innovating, we’ll still have older cards and hardware to choose from, and the games industry isn’t going to target hardware nobody is buying (effectively pricing themselves out of the market). Indie devs especially tend to have lower hardware requirements for their games, so it’s not like anyone will run out of games to play.
Genuinely wish more people understood this. I’ve mostly only been playing indie games for the past few years. By far the best fun i’ve had in gaming. A ton of unbelievably creative, unique games out there. Not to mention that 99% of them are a single-purchase experience, instead of a cash treadmill
cash treadmill
Borrowing this turn of phrase
Hello indie gamer, it’s me, you, from the future.
I’d like to introduce you to PATIENT indie gaming.
The only games I play are small team, longer running, well documented, developers are passionate, mods exist, can play on a potato or a steam deck, etc
Because I’m patient, I don’t ever get preorder, Kickstarter, prealpha disappointed.
I know exactly what I’m getting, I pay once, and boom, I own a great game for ever. (You can more often fully DL indie games)
Bruh, what do you mean “future?” That’s me right now!
Bro I’m from the future you can’t ask me stuff like that, be patient, you’ll figure it out
My only fear with the indie gaming industry is that many of them are starting to embrace the churn culture that has led AAA gaming down a dark path.
I would love an app like Blind that allows developers on a game to anonymously call out the grinding culture of game development, alongside practices like firing before launch and removing credits from workers. Review games solely on how the dev treated the workers, and we might see some cool corrections between good games and good culture.
There’s certainly room to grow with regard to workers’ rights. I think you could probably solve at least a few of them if they were covered by a union, and publishers who hire them would have to bargain for good development contract terms.
Plenty of good games out there, even in the early access I have found some real gems. Just recently coffee stain released satisfactory… labor of love and it shows. I recently tried bellwright, it’s impressive, so is manor lords.
And hardware stagnating also means that people get to learn what it’s all about and optimize for it. The last gen games on a console are usually also better optimized than the first series of games on a platform. So yeah…
Gaming now is more amazing that ever in part because we have access to classic games too. If someone thinks gaming was amazing 10 years ago, cool. We still have those games! I’m playing a really old game right now myself and loving it.
I think OP confuses this whole bubble bursting thing. When a phenomenon passes out of its early explosive growth phase and settles into more of a steady state, that’s not the “bubble bursting” that’s maturity.
Tech as a whole is now a more mature industry. Companies are expected to make money, not revolutionize the world. OP would have us believe this means that tech is over. How does the saying go? It’s not the beginning of the end, but it is perhaps the end of the beginning.
I’m playing a really old game right now myself and loving it.
Same. I’m slowly working my way through the Yakuza series (started w/ Yakuza 0), and I’m currently halfway through Yakuza 3, which was released in 2010. I play them about a year or two apart because I get kinda burned out near the end.
I have way more games than I can reasonably play, and my wishlist of games I want to play is still unreasonably big. There’s no way I’m running out of interesting games to play anytime soon. And I haven’t really gotten into emulation either, so these are purely PC titles that I’m still trying to catch up on.
Companies are expected to make money, not revolutionize the world
Exactly. There’s a clear reason why Warren Buffett still owns a massive stake in Coca-Cola, and it’s not because they’re a hot young startup. Tech hardware is fantastic, and honestly, most people really don’t need big improvements year over year. I think game devs can do a lot more with the hardware we already have, so we should be looking at refining the HW we have (small improvements in performance, larger improvements in power efficiency and reduction in die size to improve margins). Likewise for desktop and cloud software, a round of optimizations would probably yield better gains than hardware revisions.
I’m excited to see VR headsets get cheaper and more ubiquitous (i.e. I think something like the Valve Index could be done for half the price), handheld PCs like Steam Deck getting better battery life, etc.
Well said!
I love this, and I’ll even one up it. Let the bubbles burst, this is just a transitional period that you see like a predictable cycle in tech. The dot com burst was like a holocaust compared to this shit. Everyone who was in the tech scene before Google has an easier time with this. We can comfortable watch FAANG recede, and even be grateful for it. Let it happen.
As others have said, gaming is thriving - AAA and bloated incumbants are not doing well but the indie sector is thriving.
VR is not on the verge of collapse, but it is growing slowly as we still have not reached the right price point for a mobile high powered headset. Apple made a big play for the future of VR with its Apple Vision Pro but that was not a short term play; that was laying the ground works for trying to control or shape a market that is still probably at least 5 if not 10 years away from something that will provide high quality VR, untethefed from a. PC.
AI meanwhile is a bubble. We are not in an age of AI, we are in an age of algorithms - they will and are useful but will not meet the hype or hyperbole being banded about. Expect that market to pop and probably with spectacular damage to some companies.
Other computing hardware is not really stagnating - we are going through a generational transition period. AMD is pushing Zen 5 and Intel it’s 14th gen, and all the chip makers are desperately trying to get on the AI band wagon. People are not upgrading because they don’t see the need - there aren’t compelling software reasons to upgrade yet (AI is certainly not compelling consumers to buy new systems). They will emerge eventually.
The lack of any landmark PC AAA games is likely holding back demand for consumer graphics cards, and we’re seeing similar issues with consoles. The games industry has certainly been here many times before. There is no Cyberpunk 2077 coming up - instead we’ve had flops like Star Wars Outlaws, or underperformers like Starfield. But look at the biggest game of last year - Baldurs Gate 3 came from a small studio and was a megahit.
I don’t see doom and gloom, just the usual ups and downs of the tech industry. We happen to be in a transition period, and also being distracted by the AI bubble and people realising it is a crock of shit. But technology continues to progress.
VR
Yeah, I think it’s ripe for an explosion, provided it gets more accessible. Right now, your options are:
- pay out the nose for a great experience
- buy into Meta’s ecosystem for a mediocre experience
I’m unwilling to do either, so I’m sitting on the sidelines. If I can get a headset for <$500 that works well on my platform (Linux), I’ll get VR. In fact, I might buy 4 so I can play with my SO and kids. However, I’m not going to spend $2k just for myself. I’m guessing a lot of other people are the same way. If Microsoft or Sony makes VR accessible for console, we’ll probably see more interest on PC as well.
People are not upgrading because they don’t see the need
Exactly. I have a Ryzen 5600 and an RX 6650, and it basically plays anything I want to play. I also have a Steam Deck, and that’s still doing a great job. Yeah, I could upgrade things and get a little better everything, but I can play basically everything I care about (hint: not many recent AAA games in there) on reasonable settings on my 1440p display. My SO has basically the same setup, but with an RX 6700 XT.
I’ll upgrade when either the hardware fails or I want to play a game that needs better hardware. But I don’t see that happening until the next round of consoles comes out.
Yeah Sony was my hope here but despite a few great experiences, they have dropped the ball overall. I’m bored of the cartooney Quest stuff, so I’ll probably not buy another headset for a good 5-10 years until there’s something with a good library and something equivalent to a high end PC experience today.
Yup, but with good headsets costing way more than good monitors and generally needing even better GPUs, I’m just not interested. Yeah, the immersion is cool, but at current prices and with the current selection of games, the value proposition just isn’t there. Add to that the bulk, it’ll probably be on my wishlist for a while (then again, Bigscreen VR headset looks cool, just need a way to swap pads so my SO/kids can try it).
So yeah, maybe in 5-10 years it’ll make more sense. It could also happen sooner if consoles really got behind it, because they’re great at bringing down entry costs.
Unfortunately Sony was our last hope for consoles and they half assed it. The very last hope is that Flat2VR ports tens of AAA titles at a rapid procession to PS5.
Mainstream is about to collapse. The exploitation nonsense is faltering. Open source is emerging as the only legitimate player.
Nvidia is just playing conservative because it was massively overvalued by the market. The GPU use for AI is a stopover hack until hardware can be developed from scratch. The real life cycle of hardware is 10 years from initial idea to first consumer availability. The issue with the CPU in AI is quite simple. It will be solved in a future iteration, and this means the GPU will get relegated back to graphics or it might even become redundant entirely. Once upon a time the CPU needed a math coprocessor to handle floating point precision. That experiment failed. It proved that a general monolithic solution is far more successful. No data center operator wants two types of processors for dedicated workloads when one type can accomplish nearly the same task. The CPU must be restructured for a wider bandwidth memory cache. This will likely require slower thread speeds overall, but it is the most likely solution in the long term. Solving this issue is likely to accompany more threading parallelism and therefore has the potential to render the GPU redundant in favor of a broader range of CPU scaling.
Human persistence of vision is not capable of matching higher speeds that are ultimately only marketing. The hardware will likely never support this stuff because no billionaire is putting up the funding to back up the marketing with tangible hardware investments. … IMO.
Neo Feudalism is well worth abandoning. Most of us are entirely uninterested in this business model. I have zero faith in the present market. I have AAA capable hardware for AI. I play and mod open source games. I could easily be a customer in this space, but there are no game manufacturers. I do not make compromises in ownership. If I buy a product, my terms of purchase are full ownership with no strings attached whatsoever. I don’t care about what everyone else does. I am not for sale and I will not sell myself for anyone’s legalise nonsense or pay ownership costs to rent from some neo feudal overlord.
Mainstream is about to collapse. The exploitation nonsense is faltering. Open source is emerging as the only legitimate player.
I’m a die hard open source fan but that still feels like a stretch. I remember 10 years ago we were theorizing that windows would get out of the os business and just be a shell over a unix kernel, and that never made it anywhere.
I don’t think that is necessarily out of the running yet. OS development is expensive and low profit. Commodification may be inevitable. Control of the shell and GUI, where they can push advertisements and shovelware and telemetry on you, that is profitable.
So in 20 years, 50? I predict proprietary OSes will die out eventually, balance of probability.
I’m with you in the long term.
I am curious what kernel is backing the computers on the stuff SpaceX is doing. I’ve never seen their consoles but I am guessing we are closer to modern reusable hardware and software than we were before. When niche applications like that keep getting more diverse, i bet we will get more open specifications so everything can work together.
But again I am more pessimistic and think 50 years would be relatively early for something like that.
That’s probably closer today than it was then. The added complication being that client is probably not thin enough for them to return to mainframe model which would be vastly easier to monetize.
Besides we got WSL out of the bargain, so at least inter op isn’t a reverse engineering job. Its poetically the reason linux ended up killing the last few win sever shops I knew. Why bother running win sever x just to run apache under linux. Why bother with hyper v when you can pull a whole docker image.
If the fortune 500 execs are sold on microsoft ita mostly as a complicated contactual absolution of cyber security blame.
I think the games industry will start to use open source tools like Blender and Godot more and more. These options have really matured over the years and compete on features and productivity with commercial options.
From a business POV - open source makes a lot of sense when you need a guarantee your investment won’t evaporate because a vendor has cancelled a feature or API your game uses. With open source, if you don’t like a path the upstream code is taking you can fork off and make your own!
Part of the dynamic is also how people are inspired and learning skills. You can learn how to do very advanced stuff in Blender for free on Youtube - why would you pay some private college thousands of dollars to learn an expensive program like Maya to do the same thing?
It remained in the OS business to the extent that is required for the malware business.
Also NT is not a bad OS (except for being closed, proprietary and probably messy by now). The Windows subsystem over it would suck just as bad if it would run on something Unix.
Yeah, I guess in my fantasy I was Assuming that windows would do a full rewrote and adopt the unix abi, but I know that wouldn’t happen.
They have a few legacy things working in their favor. Hardware compatibility is one, but seems to be a thing of the past now when people don’t care. Application compatibility is another, and that is with Windows, not with NT.
And they don’t have to change the core parts, because NT is fine. Windows is not, it’s a heap of legacy, but it’s not realistically replaceable.
Unless they develop from scratch a new subsystem, like Embrasures or Walls or Bars, and gradually deprecate Windows. Doesn’t seem very realistic too, but if they still were a software company and not a malware company, they’d probably start doing this sometime about now.
Windows is malware now.
Well, was spyware-ridden Kazaa malware?
I mean, I agree.
I do not make compromises in ownership.
preach!
At the end of the day though proper change will only come once the critical mass aligns on this issues along few others.
Political process is too captured for peasant to affect any change, we have more power voting with our money as customers, at least for now.
AI still needs a lot of parallelism but has low latency requirements. That makes it ideal for a large expansion card instead of putting it directly on the CPU die.
Multi threading is parallelism and is poised to scale to a similar factor, the primary issue is simply getting tensors in and out of the ALU. Good enough is the engineering game. Having massive chunks of silicon laying around without use are a mach more serious problem. At the present, the choke point is not the parallelism of the math but actually the L2 to L1 bus width and cycle timing. The ALU can handle the issue. The AVX instruction set is capable of loading 512 bit wide words in a single instruction, the problem is just getting these in and out in larger volume.
I speculate that the only reason this has not been done already is because pretty much because of the marketability of single thread speeds. Present thread speeds are insane and well into the radio realm of black magic bearded nude virgins wizardry. I don’t think it is possible to make these bus widths wider and maintain the thread speeds because it has too many LCR consequences. I mean, at around 5 GHz the concept of wire connections and gaps as insulators is a fallacy when capacitive coupling can make connections across all small gaps.
Personally, I think this is a problem that will take on a whole new architectural solution. It is anyone’s game unlike any other time since the late 1970’s. It will likely be the beginning of the real RISC-V age and the death of x86. We are presently at the age of the 20+ thread CPU. If a redesign can make a 50-500 logical core CPU slower for single thread speeds but capable of all workloads, I think it will dominate easily. Choosing the appropriate CPU model will become much more relevant.
Hell yeah!
We still don’t have the capability to play games in full native 4K 144 Hertz.
And we really don’t need that. Gameplay is still more important than game resolution. Most gamers don’t even have hardware that would allow that type of resolution.
I remember when running counter strike at 30fps on a 480p monitor meant you had a good computer.
Modern graphics are amazing, but they’re simply not required to have a good gaming experience.
Gameplay is still more important than game resolution
In your opinion*. You forgot that part. For lots of people, graphics are way more important because they want a beautiful and immersive experience. They are not wrong to want that. I respect that you feel the way you do, but I respect others who care more about graphics. I’ll even go so far as to say that I am of the same mind as you, I don’t care about the graphics much at all but there are some games where the graphics have truly wowed me, or the visual effects. For example two that come to mind, Ori and the will of the wisps, or No Man’s sky. Two very different games but absolutely crazy visual effects and graphics on high-end computers. Another game that I play a lot is World of Warcraft, gameplay is so damn fun but it’s hard to get any of my friends to play it because it’s so ugly, looks like a poorly rendered PS3 game. That horrible quality of graphics prevents people from even trying it
Most gamers don’t even have hardware that would allow that type of resolution.
This is because they refuse to innovate. Think of the DVD player. You think a DVD player costs a lot today? Of course not, there’s a million of them and no one wants them anymore. If they actually innovated and created drastic leaps and technology, then older technology would be cheaper. It’s not expensive to go out and get an RTX 2080, which is the graphics card I currently have. Is about 250 or $300 now, pretty damn solid card. If they actually innovated and kept pushing the limits, technology would accelerate faster. Instead they want the inverse of that. They want as slow growth in technology as feasibly possible, maximum amount of time to innovate, maximum amount of revenue, and maximized impact on the environment. All those carbon emissions and waste of graphics cards being thrown out
If graphics were with it, people would pay for it.
The fact of the matter is that exponential graphics capabilities requires an exponential input of developer and asset creator budget. Given that there is a ceiling on game prices, it isn’t worth it going for higher fidelity games when the market isn’t going to pay for it.
You can have the most realistic graphics in the world, pushing your AMViditel RTX 5095Ti Plus Platinum Ultra with 64TB VRAM to it’s absolute maximum, but if the gameplay sucks, you won’t have as much fun as you would with a pixel art indie game with lots of fun gameplay.
COVID also inflated a lot of tech stock massively, as everybody suddenly had to rely a lot more on it to get anything done, and the only thing you could do for entertainment was gaming, streaming movies, or industrial quantities of drugs.
Then that ended, and they all wanted to hold onto that “value”.
It is a bubble, but whether it pops massively like in 2000, or just evens off to the point where everything else catches up, remains to be seen.
“The markets can remain irrational longer than you can remain solvent” are wise words for anyone thinking of shorting this kind of thing.
Shows that You are in the UK. Just want to clarify I’m talking specifically about the USA but I agree with everything you said. Tech stocks became so inflated! Don’t know if people are seeing it in Europe, but here in the USA, there is this really toxic and very cringe behavior from these tech companies to get people back to office, they can force people to return to office across the country, basically you have to relocate and upend your entire life which could cost you $50,000 and they’re not paying for that, if you don’t do that you get fired. Easy way to start laying off people without having to pay them anything because you can call it insubordination, since they refuse to return to office. Now they supposedly have cause to get rid of people or deny them promotions for more money. IBM for example is doing this right now, Cisco was doing it as well. One of the most major networking software companies in the market. Scumbag behavior
it’s time for you to play PACMAN, as i did when i was young 😂
no AI, no GPU, no shitcoin: you just have to eat ghost, which is very strange in fact when you think about it 🤪Correction the ghosts are AI and based on how many times they killed me clearly a step above anything mainstream today (º ﾛ º๑).
My biggest gripe with big tech is how governments of the world encourage their worst behaviours. Governments and businesses have failed to maintain their own level of expertise and understanding of technology.
Today everything relies on tech but all the solutions are outsourced and rely on “guidance” and free hand outs from vendors like Microsoft. This has caused situations where billions are poured into digital transformation efforts with fuck all to show for it but administrative headaches, ballooning costs and security breaches.
I’m so tired of silicon valley frat boys being the leaders of our industry. We need to go back to an engineer and ideas led industry. Focused on solving problems and making lives better. Not making bullshit unsustainable business monopolies with a huge pile of money. Right now big tech is the embodiment of all of capitalisms worst qualities.
P.s. apologies if my comment is a bit simplistic and vague. didn’t want to write a 10 page rant but still wanted to say my 2c about the state of things.
What’s happening is that support from VC money is drying up. Tech companies have for a long time survived on the promise that they will eventually be much more profitable in the future. It doesn’t matter if it’s not profitable today. They will be in the future.
Now we’re in a period where there’s more pressure on tech companies to be profitable today. That’s why they’re going for such anti consumer behaviors. They want to make more with less.
I’m not sure if there’s a bubble bursting. It could just be a plateau.
I agree. Smartphones, for example, have hardly changed at all over the last ten years, but you don’t see Apple and Samsung going out of business.
I understand you don’t appreciate where we’ve come from and how fast, can’t see the year to years changes, but the iPhone is just a little over ten years old. Do you really not see huge changes between an early iPhone and today’s?
On the contrary, I absolutely appreciate it. I was about 15 when mobile phones first became a thing that everyone owned, so I’ve lived through the entire progression from when they were something only a well to do businessman would have all the way through to today. The first iPhone was 2007, 17 years ago btw.
When mobile phones became popular, each new generation of phones saw HUGE improvements and innovation. However, the last ten years has pretty much just been slight improvements to screen/camera/memory/CPU. Form wise and functionally, they’re very similar to the phone of ten years ago.
I understand that some technophiles will always be able to justify why the new iPhone is worth £1600 and if that’s what they want to spend their money on then good for them, but I personally think that they are kidding themselves. Today you can get a brilliant phone for £300 or even less.
I’d never justify that urge to spend ridiculous money updating every year to the latest and greatest, but people tend to under appreciate the massive improvements from accumulated incremental improvements.
OLED screen on my iPhone X was revolutionary (and I’m sure Android had it first), as just one example, and now most phones are. Personally I find ultrawideband and “find my” very innovative and well implemented. Or if that’s too small a change, how about the entire revolution of Apple designing their own SoC for every new model. There’s emergency satellite texting, fall/crash detection, even Apple mostly solving phone theft is innovative (even if you don’t like their approach)
When we see steady improvements, humans tend to under-appreciate how it adds up
I’m not going to argue that there has been no progress, just that it’s not on the same scale.
Look at the difference between phones from 2004 to 2014, then from 2014 to 2024 and surely you’d have to agree. We’re looking at huge leaps in tech and innovation Vs much smaller incremental improvements.
And I’d once again like to state that this is not a complaint, just a point of view showing that astonishing amounts of technological innovation are not necessarily required to keep companies in business.
you don’t see Apple and Samsung going out of business.
Samsung is damn near the point of going bankrupt. Samsung saw a 95% drop in profits for a second consecutive quarter 2023
In more recent news;
BBC News - Samsung profits jump by more than 900% on chips https://www.bbc.com/news/business-68738046
Damn that’s wild. Any business that has that drastic of spikes of profit and loss cannot possibly be sustainable. I can’t see how it could be. Look at the automobile giants in the USA. All it took was one major economic event to bankrupt them, and they got bailed out which should’ve never happened. It’s bullshit.
Memory chips have had an utterly fickle market ever since there’s been memory chips, companies in that business are still in that business because they learned how to deal with the swings. If micron can survive (and they will) then so will Samsung whose memory chip business has the whole conglomerate to fall back onto.
Yh, I’m not for bailing out companies that are “too big to fail”, I see it as socialism for the rich and capitalism for the poor, but that’s a separate debate.
Tech stocks were a interesting case as they bloated far beyond their actual value during COVID, what happened in 2023 was probably somewhat of a renormalization and now they’re back to business as usual. There will always be peaks and valleys, but I’d be very surprised to see tech stocks fail in the long term.
And it would be so easy to make a big splash in the market by having a phone where the camera doesn’t protrude out of the back.
To be fair, some phones already have that but they have much lower spec cameras/lenses, so it’s currently a trade off.
If a flag ship phone were to find away to implement a flush top spec camera, it would still only be an incremental improvement rather than a great new technology or a substantial innovation.
I would love to have a VR headset that didn’t require a damn account with a 3rd party just to use it. I don’t need an account for my monitor or my mouse. Plus when I bought the thing, it was just Oculus, then meta bought it and promised nothing would change, before requiring a meta account to use the fucking thing.
That unfortunately is the consequence of letting a company have a monopoly. The US govt should’ve opposed that, and should’ve forced them to sell it. They own such a huge share of the entire VR market right now it’s unbelievable, and Pico by byte dance isn’t legally able to be sold on the USA
It does not have a monopoly, there are other headsets
If I get back into it, I’ll probably try out Bigscreen. I haven’t dug deep enough into it to know if it requires an account but I wouldn’t expect this one to require it.
I really truly suggest diversifying to newsfeeds without comment sections like techmeme for a bit.
Increasing complexity is overwhelming and theres plenty of bad shit going on but theres a lot overblown in your post.
Sorry for the long edit: i personally felt improvement for my mental health when i did this for 6 months or so. Because seriously, whatever disinformation is happening in american news is so exhausting. We need to think whatever we want and then engage with each other when our thoughts are more individualized. Dont be afraid to ask questions that might seem like you are questioning some holy established lemmy/reddit consensus. If you are being honest about your opinions and arent afraid to look dumb then you are doing the internet a HUGE service. We need more dumb questions and vulnerability to combat the obsession of appearing as an expert. So thank you for making a genuine post of concern.
The pace of technological change and innovation was always going to slow down this decade. But Covid, Ukraine and a decoupling from Russia/China has further slowed it.
You need three things in abundance to create tech. First an advanced economy, which narrows down most of the world. Second you need lots of capital to burn while you make said advances. Finally you need lots of 20 and thirty something’s who will invent and develop the tech.
For the last 20 years we’ve had all of those conditions in the Western world. Boomers were at the height of their earnings potential and their kids were leaving home in droves letting them pour money into investments. Low interest rates abound because capital was looking for places to be utilized. China was the workshop of the world building low to mid range stuff allowing the West to focus its excess Millennials age workforce on value added and tech work.
Now in the USA boomers are retiring and there aren’t enough GenX to make up the difference. Millennials and finally getting down to household creation or their oldest cohorts (Xennials) just now entering into their mid 40s and starting to move up in their careers but they probably still have kids to support. So it will be some time before capital becomes plentiful again. Gen Z is large but they aren’t enough to back fill the loss of Millennials.
Ohh I made a point to highlight that this was a US demographic phenomena. Europe and Japan do not have a large Millennial or GenZ populations to replace their aging boomers. We have no modern economic model to map out what will happen to them.
China is going through a demographic collapse worse than what you see in Europe or Japan. Only they aren’t rich to compensate add in the fact that they decided to antagonize their largest trading partners in the West causing the decoupling we are now seeing.
The loss of their labor means the West has to reshore or find alternative low wage markets for production and expend a lot of capital to build out the plant in those markets to do so.
Add on top geopolitical instability of the Ukraine and you have a recipe for slower tech growth.
Also, the movie industry is struggling because of many reasons. Movies are getting too expensive, the safe formulas big studios relied on aren’t working anymore, customer habits are changing with people going less to movie theaters.
At the same time, just like with video games, the indie world is in a golden age. You can get amazing cameras and equipment for quite a small budget. What free software like Blender can achieve is amazing. And learning is easier than ever, there are so many free educational resources online.
The entire entertainment industry is floundering. Wages lagging inflation in many sectors, people are paying significantly more to eat. They’re going to cut back on the streaming services and they’re going to cut back on going out to the movies. I’m right here at these crossroads where the only thing that makes sense is to give people a little more value for the money, instead we’re going to pull every fast trick we can to make more in advertising and gambling.
Or you had several companies try to start their own streaming services from scratch and thought you needed a ton of new shows to fill it. Disney+ could have easily gotten away with archived Disney Channel shows, all the animated Disney cartoons, the old Star Wars & Marvel movies, and the Simpsons. It didn’t need a lot of the new shows, no matter how cool they looked.
I wouldn’t say the movie industry is struggling, I would say that people that work for a living are struggling. Actors are still getting paid huge sums of money, so are directors and producers. They are getting their pound of flesh one way or another. They are just not producing anything that people want to watch. For example all this marvel post-infinity War bullshit, no one wants to see that. No one cares about marvel Disney anything right now, it’s low quality drivel. But Beetlejuice, Barbie, oppenheimer… These are proof that people do still want to see movies, they just don’t want to produce anything meaningful.
The people struggling that I’m talking about, however, are the supporting roles. People doing the filming, set dressing, makeup, special effects. Lots of these lower levels supporting roles get almost nothing compared to their cost of living in California, while some of the main actors can get tens of millions
Just like AAA game studios, movie studios don’t want to take risks, so they go with productions they consider “safe”: aim for the lowest common denominator, play into nostalgia, don’t make anyone upset by touching subjects like politics, religion. And you end up with the garbage they are making right now.
I’ve just been watching older movies, there’s this amazing sweet spot when CGI just became a thing where the visual effects are passable but not so prevelant that the entire plot gets replaced with pointless explosions.
It’s interesting how interconnected those points are.
Generative A"I" drives GPU prices up. NVidia now cares more about it than about graphics. AMD feels no pressure to improve GPUs.
Stagnant hardware means that game studios, who used to rely on “our game currently runs like shit but future hardware will handle it” and similar assumptions get wrecked. And gen A"I" hits them directly due to FOMO + corporates buying trends without understanding how the underlying tech works, so wasting talent by firing people under the hopes that A"I" can replace it.
Large game companies are also suffering due to their investment on the mobile market. A good example of is Ishihara; sure, Nintendo simply ignored his views on phones replacing consoles, but how many game company CEOs thought the same and rolled with it?
I’m predicting that everything will go down once it becomes common knowledge that LLMs and diffusion models are 20% actual usage, 80% bubble.
I agree with you on the GPU hardware and AI bubbles, but I’m not sure I would consider VR/AR to be a bubble right now. The hype has mostly died down by now, and I think it’s stabilized to the point where it will remain until we have new advances in hardware.
VR is on the verge of collapse in the USA thanks to the US government banning byte dance. We can’t even order the new Pico 4 ultra, which is one of the most anticipated VR sets in the world right now. Meta basically has a monopoly and just announced they’re cutting funding to VR
Sorry but a new pico headset wouldnt do much of anything. New meta headset, new valve headset would give a bump.
Really needs better content. The hardware is almost there (in terms of cost and accessibility of the experience).
Its slowly getting there. But the current population of vr users is characterized by: who would play the same limited experiences consistently with hardware that is often cumbersome and loading screens that arent super long but become your entire existence and its annoying.
Meta sucks but they have been a boon for vr development.
Guys, I’m actually getting nostalgic over the messy-but-still-kinda-fun 2010s. Everything was just so much more exciting back then, and if it was absolute garbage, it was still fun to make fun of it (cough cough 2013 Mac Pro, garbage quite literally).
Yeah, it was no “sunshine and lollipops” timeline, but still, over the literal boring hell of the 2020s, it was LEAGUES better.
