Palworld should have really showed the industry that you don't need a billion people to make a good and commercially successful game. And skull and bones showed how horribly mismanaged these studios are.
we're only starting to see the effects of long term 0% interest rates. There's so much that needs to die and make way for lean new companies. Most tech industries are just overloaded with useless departments and teams that impede on progress and stifle creative/innovation. We need a hard recession to thin the proverbial forest of old diseased trees and make room for new trees.
I guess you can’t afford both employees and massive stock buy backs to juice the share price.