Comment on Why is gaming becoming so expensive? The answer is found in AI
TubularTittyFrog@lemmy.world 8 hours agoThe only people with money to spend are the upper-middle class consumers.
Hence if you want to make money, you have to move your products up-market to appeal to people who have all the disposable income to spend. This trend is all over the economy. Travel, clothing, food, etc.
The days of appealing to the mass market of lower and middle class consumers, is over, because they are broke, so nobody gives an F about them.
ampersandrew@lemmy.world 8 hours ago
It’s not over forever. We’ve had K-shaped recoveries in the past, which is why we have a name for it.
TubularTittyFrog@lemmy.world 8 hours ago
nobody is investing in the lower or middle classes. they are de-investing.
everyone is investing in the rich people. especially other rich people who are trying to grow their businesses.
ampersandrew@lemmy.world 8 hours ago
That’s right now. The economy changes, and that investment is a response to how it’s changed. It will change back again. We’ve been here before.