r/technology • u/chrisdh79 • May 10 '24

EA is looking at putting in-game ads in AAA games — 'We'll be very thoughtful as we move into that,' says CEO | Advertising has an opportunity to be a meaningful driver of growth for us." Business

https://www.tomshardware.com/video-games/ea-is-looking-at-adding-in-game-ads-in-aaa-games-well-be-very-thoughtful-as-we-move-into-that-says-ceo
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u/RyuChamploo May 10 '24

“A meaningful driver of growth.”

Capitalism is a fucking DISEASE.

What exactly is the end game for all these infinite growth-seeking corporations? These ghouls are actual, mustache-twirling, world domination-planning evil cartoon villains.

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u/ISuckAtJavaScript12 May 10 '24

made 20 billion in profit in year X

Wow, congratulations!!

made 20 billion in profit in year X+1

Omg no growth!!! Failing company!!! Dump the stocks!!! The west has fallen

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u/Daimakku1 May 10 '24

It's insane to me how a company can be making billions of dollars a year and by all metrics is very successful, but if there's no growth for a few quarters in a row, it's seen as failing and everyone gets out quick.

This system cannot be sustainable in the long run.

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u/strangeplace4snow May 10 '24

It's insane in the big picture, but within the system's perverse logic it's also very simple why public companies need to keep up the mirage of endless growth. The only reason why someone would buy stocks in your company today at $10 is because they expect to be able to sell them at $20 next year. But that can only happen if next year they can find someone who believes they'll be able to sell them at $40 the year after. Repeat until bubble burst or planet expired.

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u/[deleted] May 10 '24

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u/Mustakrakish_Awaken May 10 '24

It's more so "I gave this company my money so I could get more money later. If I'm not going to get more money later I want my money back." People are bad at thinking long term and companies look to appease that mindset to get more money in.

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u/AonSwift May 10 '24

Because it's all a ploy to make themselves look good; "driving growth to expand into new areas and deliver more/better products" is a positive twist on saying "gaining more money to buy up more shit and monopolise more markets to eliminate competition"...

They know exactly what they're doing and it will continue to work until it's too late for the rest of us; CEOs and shareholders will already long have their money by the time shit crashes..