Posted 1/2/2024, 3:09:05 PM
Record Video Game Sales, But AI Threatens Thousands of Jobs
- Video game industry had a record year in 2023 but suffered over 6,000 layoffs at major companies like Rockstar and Blizzard
- Three factors contributed lingering effects of COVID-19, soaring game budgets exceeding $300 million, and impact of AI tools that can replace human creators
- Game company Hasbro laying off workers despite rising profits, partly due to use of AI for art in games like Dungeons & Dragons
- AI will greatly affect illustrators, editors, creators, designers - many human jobs
- Video game layoffs foreshadow impact of AI on other tech sectors and digital companies, replacing human roles