by Chris Billowsin Business Beller, Hobby Heedings, Jets Flight Control, Playstates Theory0 commentstags: Blogging, Change of Mind
This past summer has been a time of review in relation to this blog and my ventures (billo.ws/cyber.holdings). I’ve followed enough game developers on Twitter to witness the carnage in the industry and have decided that I am not going to put any effort for the next year or two on new game projects. My plan is to re-launch CreateOrConquer.com, do some promotion to its mailing list, do exploration of viability for Urbaniacs.com, and casually work on design ideas for Heropath.com. I still love the industry as a fan and advocate, but there simply is no way to justify any serious time investment. There is almost no Return on Investment in Video Games as a game developer. The Video Games industry has become just like the other creative industries with the barrier to entry becoming so low that anybody and everybody is doing game development. This is an abundance of riches and comes with its own downside which is that it is extremely difficult to compete. My focus will shift to website properties which can be developed to attract an audience. I have a couple of projects that I will be turning my attention to, one is related to Sports […]
by Chris Billowsin Business Beller0 commentstags: Change of Mind, Corporate Corruption, Free Enterprise
I have re-watched the Credit Crisis video a few times and each time its message really hits home. Not only was the crisis created by collective greed, but also a sophisticated scheme to generate money without actually contributing much useful. It was all about getting rewarded without doing any heavy work. Sure sounds like socialism. It is a socialist ideal to have people have all their needs met with minimal effort on their own part. Only within socialism are people allowed to make poor choices and still get away with it, because after-all the larger community will take care of you. Yet what we are witnessing is not socialism in its pure form. What we are seeing is a kind of socialism known as State Capitalism. This is where governments in the US, UK, and other places prop up their banks and financial institutions. This ends up saving and rewarding many of the same people who created the credit crisis. Yet, just like in the video, the state stood aside and allowed this to happen and even contributed to it by keeping interest rates too low. The state has to step in because it helped create the crisis in an […]
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