Economics
Ongoing coverage on Economics.
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If The World Suffered an Apocalypse Tomorrow The Global Currency Would Be Pokémon Cards, Collector and Venture Capitalist Claims
A venture capitalist has suggested that Pokémon cards could become a form of currency in the event of a global apocalypse. This idea frames the collectible cards as a valuable asset with potential economic utility beyond their current market.
When Valve killed its Ravenholm game, Arkane founder says "we did not understand" its thinking: "It all came down to the economics behind Half-Life 2 and how the DLCs were selling"
Arkane founder Raphaël Colantonio discussed the cancellation of the Ravenholm game, a Half-Life 2 spin-off, stating that Valve's decision was based on the economics of DLC sales. Colantonio reflected on the decade-long pain of the cancellation but now understands Valve's business reasoning. He also mentioned that the project led to close collaboration with Half-Life 2's art director, Viktor Antonov.
Bar-Lev It Or Not!
Bar-Lev It Or Not! is a simulation game where players help Egypt and Israel achieve peace through diplomacy, war, espionage, and economic management set in the 1970s. The game focuses on these complex geopolitical elements to simulate the historical period.
Elon Musk Predicts Money Becomes Obsolete Within a Decade — Economists Push Back
Elon Musk predicts that money will become largely obsolete within a decade due to advancements in artificial intelligence and robotics leading to widespread abundance. However, economists largely disagree, pointing out that constraints like natural resources, energy, land, and wealth distribution are not solved by increased productivity alone. They view Musk's forecast as a distant possibility rather than an inevitable outcome, noting that his companies' valuations are tied to this narrative.
Why does GCash feel like the default for casino play in the Philippines?
Research indicates that players of MMOs like Path of Exile, World of Warcraft, and Destiny 2 develop valuable cognitive skills such as problem-solving, strategic thinking, and economic analysis. These skills, honed through managing complex in-game economies and coordinating group activities, are transferable to professional and financial contexts, despite historical underestimation of gamer capabilities.
FC 26 Transfer Market Economics: Inflation and Asset Preservation
This article discusses the economics of the FC 26 transfer market, focusing on inflation and asset preservation. It also explores the concept of 'unblocked games' and how they are accessed through methods like VPNs and proxy websites, particularly in restricted environments like schools and workplaces.
Nobel laureates and tech chiefs sign ‘We Must Act Now’ warning over AI’s threat to jobs
Over 200 economists, academics, and tech leaders, including 16 Nobel laureates, have signed a document warning that Artificial Intelligence poses a significant threat to jobs within the next decade. The signatories emphasize the rapid advancement of AI and the urgent need for governments and institutions to prepare for its economic and social impacts, which could exceed those of the Industrial Revolution in speed and scale.
Xbox CEO Asha Sharma joins US Federal Reserve as adviser on AI for "productivity and jobs" taskforce
Xbox CEO Asha Sharma has been appointed as an external adviser to the US Federal Reserve, focusing on artificial intelligence's impact on productivity and jobs. Sharma will lead a taskforce assessing the economic effects of new technologies, including AI, to inform the Fed's policy decisions. This appointment comes shortly after Sharma announced significant layoffs at Xbox and follows her previous role leading Microsoft's CoreAI product group.
WoW: Midnight's hardcore raiders are on a gold treadmill, with a first-time clear of Mythic Midnight Falls costing…
Players in World of Warcraft: Midnight are facing significant in-game economic challenges, particularly with high repair costs for Mythic raiding. An analysis reveals that clearing the Midnight Falls raid can cost over 340,000 gold when factoring in repairs, consumables, and hourly expenses. This high cost is seen by some as counterintuitive to the game's recent efforts to reduce busywork and may be a significant barrier for hardcore players.
Daftar Line Up Penampil Jogja Financial Festival 2026
The Jogja Financial Festival 2026 will take place from May 22-24, 2026, in Yogyakarta, featuring discussions on finance, business, and economics. The event will include talks from prominent figures like Chairul Tanjung, Erick Thohir, and Giring Ganesha, alongside entertainment from artists such as Ari Lasso and Juicy Luicy. The festival aims to connect stakeholders in the financial sector and will also host a 5K and 10K fun run.
G2 Flies Economy While Gen.G Goes Business Class to Brazil Tournament
A recent trip to a League of Legends tournament in Brazil highlighted the economic disparities between top esports organizations, with G2 Esports traveling economy plus while Gen.G flew business class. This difference in travel comfort reflects varying organizational budgets and their impact on player performance and competitive advantage. The article discusses how these economic factors influence the professional esports landscape.
Switch 2 prices will go up, says ex-Nintendo sales lead: "It's inevitable"
A former Nintendo sales lead named Sean predicts that the price of the Nintendo Switch will inevitably increase due to global economic factors like oil prices, shipping costs, and inflation. He suggests that consumers who want to purchase the console should do so before prices rise, noting that digital games can serve as a concession for higher hardware costs.
Realpolitiks II Challenges Xbox Players To Shape The Modern World
Realpolitiks II, a modern-day grand strategy game, is now available on Xbox Series X|S. Developed by Jujubee and published by Ultimate Games, the title allows players to lead any of the 208 nations on Earth, focusing on politics, economics, and conflict. The game features over 700 projects and technologies, dynamic diplomacy, and a revamped combat system.
Rally Point: Whiskerwood suggests that, even without the violence, colonialism is a scam
Whiskerwood is a city builder that explores themes of colonialism and economic extraction without explicit violence. Players manage a colony of "Whiskers" who must pay a toll of raw resources to their absentee "Claws" overlords. The game's core mechanic focuses on the tension between developing a colony and meeting external demands, offering a nuanced look at economic relationships.
KeSPA: League of Legends Worlds 2023 Had $510M Economic Impact
The 2023 League of Legends World Championship generated an estimated $510 million USD in economic impact for South Korea, according to a report by the South Korean Esports Association (KeSPA). This figure encompasses direct spending, tourism, and media exposure, highlighting the significant economic power of esports events.
SAKE: Sorcerers, Adventurers, Kings, and Economics – Full Rulebook Now Available for Print on Demand, Free Basic Edition Released - TGN - Tabletop Gaming News
The complete rulebook for the tabletop RPG SAKE: Sorcerers, Adventurers, Kings, and Economics is now available for Print on Demand, alongside a free Basic Edition. The game features a d20 point-buy system, domain-building, and overseas trading mechanics set in an early-modern fantasy world blending capitalism, magic, and divine influence.
