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Joined 1 year ago
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Cake day: July 4th, 2023

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  • The problem with money being involved is it’s an invitation to spam crap everywhere.

    One of my relatives has recently taken up “AI travel videos” and “AI cute videos” as a “hobby”. No doubt based on the first thing that came up when I searched for those things, a video titled “make $10,000 a month spamming up YouTube with your AI slop”.

    Oh, and it needs you to buy the AI slop generating tools that they happen to sell. How convenient!

    I mean, this also happened with broadcast TV, where we suddenly went from like 4 channels filled with programs and things competing for space, to 200 channels, where the rush was on to fill the gaps between the adverts as cheaply as possible with reality show tat. And that’s all YouTube is now.







  • The dollar ain’t buying what it used to either.

    Also, remember that our prices include VAT, so we slap 20% on it right there. That £700 is £583 excluding the VAT.

    That’s still 10% more than in the US doing a direct currency conversion, but it’s not quite as bad as it first looks.

    Still a lot of money for a games console though, especially a mid gen refresh. Paying at the start of a gen for 8 years gaming ain’t too bad when you look at it per year. PS5 Pro will be over 4 years, and on that alone is piss-poor value.


  • 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.




  • I mean, a pound don’t buy what it used to. We’ve had rampant inflation, and it’s going to be hard to keep any next gen console in a price point that we think of as suitable. I mean, this is the first gen where the price has gone up during it. PS2 slim went down to under £100 by the end. I paid about £80 for a GameCube late in the gen. I remember Xbox having to give money back to people because they launched at about 300 and Sony immediately went down to £199. It was carnage.

    £299 felt like a standard price point for ages. My Amiga 1200 cost about that in the early 90s, and I paid the same for a PS2 nearly 10 years later, and the Xbox 360 was about the same.

    £700 feels like a piss take though, and the sales figures will surely reflect that. PS6 has got to be under £600 I reckon, and we’re probably about 5 years away from that.