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How big was the ceos bonus last fy?
Their CEO quit end of June without any reason stated. Sounds like he was the first one to get laid off.
Well that’s good.
Most of these layoffs are VC groups pulling funding from gaming companies to shift to AI investments
Yeah because they think that AI will make the games in the future.
Have you seen AI make games they’re terrible. They objectively work but they’re not good games because AI has no creativity.
I doubt they even care, VCs are there for investment returns, they don’t give a shit about anything else
the best I’ve seen are shitty clones of simple games like frogger or flappy bird - anything else is about as interactive as a slideshow or vaporware.
Most of these VCs are funded by old boomers who will fall for any tech hype. LLMs are the most successful grift of all time.