Opinion: The video game console industry seems to be falling apart, but maybe that's not a bad thing
The world has gone through significant economic (among other types) tumult in a relatively brief period of time since the start of the Covid pandemic in the spring of 2020, exacerbated notably by the war in the Ukraine beginning in early 2022. This has resulted in a variety of changes, including general financial insecurity and the shriveling of various fields of industry. However, a bigger effect still on the video game industry specifically seems to have resulted from economic policies set in motion by President of the United States, Donald Trump , specifically tariffs imposed on imported products and raw materials. Combined with the aforementioned tensions in the global financial landscape, the video game industry, already arguably stretched thin to keep game development and publishing profitable on a large scale, seems to finally have been forced to increase prices of products already on the market, which is unusual for a good reason. Speaking about video game consoles in partic...