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This stock sell off is not accidental or even just from fear. They are driving it themselves. I have zero doubt in my mind that they are selling off their own investments in those companies that they made through intermediaries to drive it down more. Short selling the stock to help.
These people do not allow the stock market to react to things, they control it whole cloth.
Roughly an average 10% drop in major gaming stocks, because a plagiarism machine can produce one minute of 720p, 24fps 'gameplay' at an absolutely astounding compute cost.
These people are all fucking idiots.
Therr is no universe where this even makes sense under a 'a games are streamed' paradigm.
This is like 100x to 100,000x the cost in hardware and energy, to produce a minute.
Do these fucking idiots think a game can just be wholly reinstantiated every single minute?
It actually would have made more sense to fine tune an LLM to interface with an API layer for Unity or something, to just... you know, produce an actual game?
Call that the uh, the processed training data/output condensed into a distilled an efficient piece of software.
I truly cannot comprehend the mind numbing level of stupidity on display here.
If that much investor money can be swayed by this utterly pitiful demonstration, then all these game stocks deserve to go to near 0, because clearly the people in charge (the investors) understand literally nothing about video games.
This is utterly asinine.
What happens if/when all of the plagiarised games start suing Google for IP infringement?
How is everyone involved at every step of this so utterly mentally impaired?
the more mentally impaired you are the more susceptible you are to chasing gains
Basically you don't understand. Investors sell when they think the companies will fuck shit up. That could be because they think the product is obsolete, or it could be that they think manglement is going to do dumb shit. Take your pick. Remember, it's gambling about the future, not about what's right or reasonable.
How is everyone involved at every step of this so utterly mentally impaired
Most of the shareholder oligarchs who own our economy are lead poisoned boomers and this is all just their way of competing with each other for the top spots on the forbes richest people list.
Good. Time to buy.
is it? stock prices are still quite high
Who cares what makes it if it's fun?
I agree, and lowering the cost of entry to the game development market means more games and better games for all of us.
More games? Yes.
Better games? Very unlikely.
There are already 99 slop games for every good game.
They are literally Rader in split fiction. They think they own creativity. I hate these scum.
I see a couple of major practical reasons why game (engine) devs are under no threat from this even if it gets better in the future:
Scale. Like all things AI, this is not going to scale well. This doesn't generate code, 3D models and textures, both making games and playing them requires running the model. So if you want a game to have a persistent environment where the world behind you doesn't get regenerated into something different after taking 8 steps, the context window is going to get real large real fast. And unlike programmed games, you can't make choices about what's worth remembering and what isn't, what can be kept on persistent storage and is only loaded when it becomes relevant etc., because it's all one big, opaque blob of context, generated by a black box; you either have it remember everything or it becomes amnesiac in a way that makes it useless. Memory availability also isn't increasing at a rate where this becomes a non-issue any time soon.
Control. Manipulating the world though a text prompt gives a lot of control, but it's also very course. It's easy enough to tell it that you want a character that can run and jump, but how fast does it run? Does it accelerate and decelerate or start and stop instantly? Does it jump in a fixed arc or based on the running speed and duration of the jump button being pressed? How far and how high? You're going to run in the limits both of what you can convey and what the language model will understand pretty quickly. And even when you can get it to do exactly what you want, it would have been faster and more practical to manipulate values directly or use a gizmo place things. But there's no way to extract and manipulate those values, because again: big, opaque blob of context.
Wish I could upvote your comment more than once. Thank you for the injection of clarity.
This is sadly irrelevant though to the investment world. Opportunities that present potential for market disruption are where money is made and yeah, AI looks like a gas engine rolling out from the Benz workshop when steam engines were the norm. What I do not understand though is scientists and ethical entities outlawed cloning in the early 2000s because of how dangerous it could become if an unknown virus got created whilst trying to clone an animal, yet we're sitting here with our thumbs in our ass having data engineers play god with a technology that could wipe out humankind if found in the wrong hands.
ROFL Investors are like distracted toddlers that are so easy to sway. This is so stupid, I can't wait for the bubble to pop and we can return to some semblance of normalcy.
Welcome to the stock market: where the money's made up and the rules don't matter!
Always has been.
Remember when Elon had to buy Twitter?
Prior to that, he was manipulating the market through Twitter causing a lot of uncertainty.
Always has been.
Not always. It has been for longer than we've been alive, but stock originated as a way to fund merchant voyages - you paid a share of the costs and got a share of the proceeds (in merchandise or in the sale value of that merchandise) when the ship came in.
Literally the origin of the phrase "your ship has come in".
Then people started speculating over the future value of and trading those shares while the ship was still at sea, then the concept got generalized beyond merchant voyages, etc and here we are where it's more like the art market where things are worth whatever someone will pay and that value isn't necessarily tied to anything concrete.
Why does Google keep trying to make AI, when they're soooo bad at it, and pretty much everything else they do?
All the executives invested heavily in AI because they're easily wowed by things that look impressive but have no substance so they thought it was the next Big Thing. They want it to pay off so they can cash out and get rich(er).
If this is widely adopted, I have enough emulators and classic PC games to never buy another game in my life and still be entertained the whole time. Good luck, corpo dipshits.
indie developers will still be making games
Literally millions (billions?) of amazing games made before 2018 are waiting to be played! I wonder if future gamers will shun the 2020 era of gaming like the disco era
This will never be widely accepted in the gaming space because it's not a game. The model only generates an interactive world, not a game world. It's effectively a glorified AI prompted showroom. It's useless as a development tool because nothing it generates is usable in the traditional development process which means the model would have to create the whole game but the model is incapable of understanding what a game is.
So it's like the Meta-verse, but somehow even worse.
So… it’s as good as Starfield then
Even better, it's Starfield but your character is moving in 4D space and things pop in and out of existence depending on your position in the 4D space. And of course no loading screens.
I just bought Stardew Valley. Should I feel bad now?
No, you should be playing Stardew Valley though!
The pigs oink and squeal for more slop, and the market trembles.
So people are idiots. Got it.
I dunno man working on a video game as a side hobby they’re the worst things I’d use for gen ai. There’s too many things from pathing to physics and collision that require human input to make work.
Anytime I’ve tried it’s given some absolute shit results.
People spend 2 hours making an llm spit out some shit thats mediocre instead of spending that time learning. And they consider it a win.
I do admit all this shit has made me want give up on music or ever learning programming becauze every other person will just prompt it and be better than me in the short term. sigh. depressing times.
As a full time software engineer you’ll get a lot more out of learning how things work, even in the short term, if you properly learn the craft.
Otherwise when something deals you won’t have the tools to debug it. When the work LLMs are great but if things go haywire you wanna be able to stop and triage yourself.
Yeah for sure. It feels like an uphill battle more than its ever been though.
I feel that.
Even in my current job they’re pushing us to use chatbots and LLMs even when it doesn’t make sense. There’s a lot of people hoping for the mythical productivity boosts that snake oil salesmen are shoveling. Going to the point where they see a future where “you check in prompts to source control because LLMs will be so good at translating those”. Which is batshit but you gotta let c level people learn this the hard way and fire everyone else for their mistakes.
It’s Google, so it will last two years MAX.
I am convinced they just push stuff to become THE dominant ai company. It doesn't matter if it's useful, they just need the publicity and also ChatGPT to crash and burn.
killedbygoogle.com's already polishing the new tombstone
The people running that site must be extremely overworked
I have no idea why people and companies still trust Google. When I did work on GCP we had mandatory maintenance every 2 months because some core service was changing. Hell I just got a notice last week that they're shutting down another API.
Genie is pretty cool as it stands from a technical standpoint, but... 1 minute of some really, really bottom tier walking simulator gameplay is not going to destroy the gaming market.
Investors are so easily manipulated.
So what i am hearing is buy in the dip?
If you like holding an empty bag, this is a great strategy.
If you ever feel like you're stupid, ignorant, absolutely microbe-brained, and that no one on this planet could possibly be more braincell starved than you:
remember that at least you don't invest in the stock market for a living