this post was submitted on 25 Dec 2024
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Investor money dried up
It's just all tied up in AI and crypto right now. Because everyone wants to get in on the next get-rich-quick scheme. Coked-up investors don't have the patience to stick it out and wait for a return, they've moved on to shiny new toys (that have very little chance of real growth or market viability) and are gutting and cutting the games industry to pay for it.