All articles tagged with #video game studios
Embracer Group, a Swedish video game media holding, has started shutting down studios as part of its major internal restructuring, resulting in layoffs. Campfire Cabal, a studio founded last September, was among the first to be closed. The downsides of Embracer's consolidation strategy are becoming apparent, with concerns about managing its 131 internal studios and 15,000 staff worldwide.
Video game studios worldwide are embracing artificial intelligence (AI) tools to address rising costs and stagnant prices. Companies are requiring managers to study machine learning and offering bounties for AI ideas. The industry sees AI as an opportunity to overhaul a business model that has become bloated and formulaic, potentially reducing production costs and revitalizing creativity. However, the widespread adoption of AI also raises concerns about job losses, as certain roles like quality control, debugging, customer support, and translation could be eliminated. Despite the challenges, industry insiders believe that AI has the potential to empower smaller studios, benefit gamers, and democratize game creation.