Question

Do you think the current video game industry is likely to experience another crash ( similar to the one in 1980s) any time in the near future (next decade)? Why or why not? Offee at least two points that support your position

Answer 1

I don't think so. In 1980, the crash occurred due to market saturation for various gaming consoles. Also, there was a waning interest in console games due to the increasing popularity of personal computers. However, at that time technology was limited. And now we have some of the most awesome technology for the video game industry. And these technologies look like coming up with a vast opportunity to improve to any level. And hence, the crash is certainly not expected. However, then comes the VR and AR into play. Though it is the 21st century, and children are now searching for their history. And old games are being played again by billions. Hence, due to firstly advanced and numerous technology, and secondly due to better education, I feel such a crash cannot be expected in the 21st century at least.

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