What is Digg?45 Comments
- inactive, on 11/28/2007, -1/+32not surprising... certainly an inverse correlation between gaming and productivity.
- psg188, on 11/28/2007, -0/+22Well obviously, you have any idea how insane the increase in the economy would be if it grew at 17%?
For a national economy, that'd be ridiculous. - Rodehodeh, on 11/28/2007, -0/+12While movies continue to raise thier prices and lose money every year. While video games raise their prices but see great growth from it.
- kaelyiesta, on 11/29/2007, -0/+12You made me curious, damn you:
Jupiter's rotation period of: 9.93 hours
Jupiter's radius from rotational plane: 71,492 km
This means the circumference of Jupiter is 2*PI*71492 km. So the surface rotational velocity is 2*PI*71492 km / 9.93 hours = 12565.6676 m / s.
A cheetah can run at a maximum velocity of 32 m/s. This means that Jupiter 'spins' 392.677113 times the velocity a cheetah runs.
So, jupiter spins 39167.71% faster than a cheetah can run. - IllBeBack, on 11/28/2007, -0/+10Num_Couch_Potatoes *= 4;
- dukeochutney, on 11/28/2007, -0/+10yes thats because mainstream movies are complete ***** and new games are not.
- wirelessnobody1, on 11/28/2007, -1/+8I wonder if the economic viability of the game industry will ever lead to it being taken as seriously as the rest of the entertainment industry by the general public.
- Rhino2, on 11/29/2007, -0/+6ok smart guy... but how fast does a Cheetah run on the surface of Jupiter?
- itail, on 11/28/2007, -1/+6"The primary theme in mainstream media coverage of games is that they destroy lives and create killers". And that's the main benefit from the soon to be top entertainment industry...? :)
- inactive, on 11/28/2007, -0/+5When the article in question says "retail sales grew a whopping 17%" this can be roughly translated as "the general public is taking it seriously"
- Azriel7, on 11/28/2007, -0/+4Great, now maybe we can get more game lobbyist to brib....er..do campain contributions to elected officials to help them see that games are good for people and should not be regulated in any way.
- SideShowMel0329, on 11/28/2007, -2/+5Yeah, that comparison is a little off. It should've compared the game industry growth to the growth of another popular industry, something like that.
- silentdragoon, on 11/28/2007, -2/+5"PC GAMING IS DIEING"
Why are there so many of these guys? - novask, on 11/29/2007, -0/+2Because more and more companies are selling out to consoles. I don't mind if a company who used to be 100% PC makes console games, but when you take your #1 most anticipated game (Unreal 3) and focus it on the console market, rename it (Gears of War) and port it over to the PC as an afterthought, it tends to create some kind of tension among the community. Anyone remember Thief 1 and 2? What about 3? Thats what I thought.
- hockey, on 11/29/2007, -1/+3Umm. . . I blame Bush?
- riggs32, on 11/29/2007, -0/+2new consoles come about generally every 4 years. And thats not a very good argument for why pc gaming is better, because most new pc games require a newer video card
- DeadlyCouncil, on 11/29/2007, -0/+2wow.
just...
wow. - spikes, on 11/28/2007, -0/+2The Movie/Music MAFFIA should take this as the real reason to their drop in profits, instead of blaming those pesky P2P 'pirates'.
I guess they should sue the gaming industry for loss in profits. Oh wait... - Kloud, on 11/29/2007, -0/+2Lamest comment ever.
- funkytaco, on 11/28/2007, -0/+2Apples vs. Oranges ... coming soon to a console near you!
- TheTjalian, on 11/29/2007, -0/+1I "C" what you mean, hehe ;)
- c0dy, on 11/28/2007, -1/+2'Course it will, it just needs a bit more time. Games are starting to become more and more realistic and cinematographic (360, PS3) while at the same time easy to get into and fun (Wii). Herd mentality will kick in at some point, and general perception of gaming will change completely once it's accepted for the "cool kids" to be gamers.
- fhornplayer, on 11/29/2007, -0/+1"PCS ARE INFINITELY SUPERIOR TO CONSOLES"
Why are there so many of these guys? The PC gaming experience is much different than a console experience. - Shrubber, on 11/29/2007, -0/+1The industry did NOT "outgrow" the U.S. economy, it merely outpaced the overall economy's rate of growth. "Outgrow" implies that EA should be able to purchase its own fleet of aircraft carriers.
Also, how exactly does an industry "outgrow" the economy it's a part of? - Axias, on 11/29/2007, -0/+1It's called escapism..
- rezist, on 11/29/2007, -0/+1i like that, thanks.
- dragonDC, on 11/29/2007, -0/+1Dude, well put.
- vidar808, on 11/29/2007, -0/+1We are all sitting around playing video games instead of inventing new things.
- keenada, on 11/29/2007, -0/+1China's is growing at nearly 12% year-over-year... and it *is* ridiculous.
- Username314, on 11/29/2007, -0/+1Wrong.
Your calculation should only be accurate to three sig figs. - masterm1nd, on 11/28/2007, -2/+2So good, and yet so bad at the same time.
- lolo2007, on 02/19/2008, -0/+0The key issue here is that gaming companies have a high β (beta), not that they are more successful than other companies. That means that market effects affect gaming firms more than other firms. When the economy does well, people have more time and money to spend on leisurely activities. When the economy does poorly, gaming companies should have the same proportion, but inverse, growth.
http://download.paramegsoft.com/ - Harbz, on 11/30/2007, -0/+0This article is completely stupid. Not only are the stats not really relevant for comparison, but if they were they shouldn't surprise anyone. GDP growth in US is low, around 3% a year, ranking at about #143 out of 211 countries. That's what happens when countries reach economic maturity.
At 17%, Video Game growth is the same as economic growth for Equatorial Guinea and about half of growth for the UAE.
Pretty much every tech related industry is growing faster than the US economy. - FortyCaliber, on 11/28/2007, -2/+2Not as long as there are PCs.
But consoles die about every 2 years. - crazyben, on 11/29/2007, -0/+0The key issue here is that gaming companies have a high β (beta), not that they are more successful than other companies. That means that market effects affect gaming firms more than other firms. When the economy does well, people have more time and money to spend on leisurely activities. When the economy does poorly, gaming companies should have the same proportion, but inverse, growth.
- JimiSlew, on 11/29/2007, -1/+0Pwning the Economy eh? Figures.
- sadilak, on 11/29/2007, -1/+0The US economy is in a downward spiral right now. We dont even have a choice. If China and russia want to screw us over, they have the full power to do so and there is nothing we can do to stop them. Of course, George Bush and his cronies will still resort to using fear to rule over us.
- and303, on 11/28/2007, -3/+2Wait, how is this relevant in any way to anything?
It's like saying: "Jupiter spins 634% faster than a cheetah can run."
Interesting...wait...not at all. Next. - and303, on 11/30/2007, -1/+0brilliant.
- DrCaveman, on 11/29/2007, -4/+0Must we repeat ourselves? I mean is it necessary to beat the dead horse?
- neocr0n, on 11/28/2007, -5/+1Of course it outgrew the US economy your moron. What a stupid comparison.
- DrCaveman, on 11/29/2007, -6/+0Must we repeat areselvs?
- dillyhoo, on 11/28/2007, -10/+4Well, strong games like CreditBuster 3d really boost it. You see, a special "card-controller" for the Wii comes with the game, and you accumulate purchases you can't afford on the screen with motion-sense "swiping" action. But the really twist comes as you receive other wii-cards that pay off your current ones, and mortgage-bonus power-ups that fight off the hench-repo-men.
I think the game cheats though. I keep having to use the federal interest rate slasher cheat code to win.
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